Zip 56285 (Sacred Heart, MN) Cost of Living


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United States / Minnesota / No Metro Area / Renville County / Sacred Heart / Sacred Heart (zip 56285)
How much do I need to live in Sacred Heart, Minnesota?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 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.

Sacred Heart cost of living score
73.9
Less expensive
26.1% lower
than the US average
24.0% lower
than the Minnesota average
Sacred Heart (zip 56285), Minnesota gets a BestPlaces Cost of Living score of 73.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.1% lower than the U.S. average and 24.0% higher than the average for Minnesota.

Zip 56285 (Sacred Heart, MN)

Housing costs in Sacred Heart?
A typical home costs $152,000, which is 55.0% less expensive than the national average of $338,100 and 50.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Sacred Heart costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 47.6% cheaper than the state average of $1,240.

Can I afford Sacred Heart?
To live comfortably in Sacred Heart (zip 56285), Minnesota, a minimum annual income of $29,160 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Sacred Heart?
The cost of living in 56285 Sacred Heart, MN is quite reasonable. According to BestPlaces, the overall cost of living index in the area is 79.86, which is slightly lower than the U.S. average of 100. This means that expenses such as groceries, transportation, and housing are all relatively affordable when compared to other cities in the country. The median home price for those looking to purchase a property in this area is around $135,000 and monthly rent will usually range from $500 to $1,400 depending on size and amenities. Additionally, utilities are also fairly affordable with electricity typically falling between $50 and $150 per month depending on usage. All in all, living in 56285 Sacred Heart provides an excellent value for those seeking a comfortable lifestyle without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSacred HeartMinnesotaUnited States
    Unlock97.2100.0
  93.8  Unlock100.0
    Unlock78.3100.0
  37.8  Unlock100.0
    Unlock$309,500$338,100
  101.5  Unlock100.0
    Unlock96.4100.0
  78.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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