Zip 56371 (Roscoe, MN) Cost of Living


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How much do I need to live in Roscoe, Minnesota?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Roscoe cost of living score
89.9
Less expensive
10.1% lower
than the US average
7.5% lower
than the Minnesota average
Roscoe (zip 56371), Minnesota gets a BestPlaces Cost of Living score of 89.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.1% lower than the U.S. average and 7.5% higher than the average for Minnesota.

Zip 56371 (Roscoe, MN)

Housing costs in Roscoe?
A typical home costs $141,600, which is 58.1% less expensive than the national average of $338,100 and 54.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Roscoe costs $880 per month, which is 29.0% cheaper than the national average of $1,240 and 10.2% cheaper than the state average of $970.

Can I afford Roscoe?
To live comfortably in Roscoe (zip 56371), Minnesota, a minimum annual income of $27,000 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Roscoe?
The cost of living in Roscoe, MN (56371) is generally affordable. The median home price in the area is around $168,000, which provides great value for those looking to buy a home. Renters can expect to find reasonable apartments with low rental costs in the area. Groceries and other essential items are also reasonably priced and accessible. In addition to low housing prices, utilities such as electricity and water are relatively inexpensive compared to other areas of Minnesota and the U.S. overall. Residents of Roscoe will be able to enjoy a relatively low cost of living while still having access to all the amenities they need at a fair price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoscoeMinnesotaUnited States
    Unlock97.2100.0
  95.1  Unlock100.0
    Unlock78.3100.0
  51.5  Unlock100.0
    Unlock$309,500$338,100
  96.2  Unlock100.0
    Unlock96.4100.0
  112.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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