Zip 55779 (Saginaw, MN) Cost of Living


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Saginaw cost of living score
84.7
Less expensive
15.3% lower
than the US average
12.9% lower
than the Minnesota average
Saginaw (zip 55779), Minnesota gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 12.9% higher than the average for Minnesota.

Zip 55779 (Saginaw, MN)

Housing costs in Saginaw?
A typical home costs $293,500, which is 13.2% less expensive than the national average of $338,100 and 5.2% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Saginaw costs $1,450 per month, which is 1.4% more than the national average of $1,430 and 14.5% more than the state average of $1,240.

Can I afford Saginaw?
To live comfortably in Saginaw (zip 55779), Minnesota, a minimum annual income of $56,160 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Saginaw?
The cost of living in 55779 Saginaw, MN is relatively low compared to other parts of the country. The average home value is around $180,000 and the median rent is around $945 per month. Additionally, the overall cost of living is 3% lower than the national average. This makes it an ideal place for those on a budget or who want to save money on their everyday expenses. Groceries and utilities are also slightly lower than the national average as well. All in all, 55779 Saginaw, MN is a great place to live if you're looking for a low cost of living without sacrificing quality of life.
   Cost of living score
     CategoriesSaginawMinnesotaUnited States
  84.797.2100.0
  99.897.2100
  86.378.3100.0
  97.3102.9100.0
  $293,500$309,500$338,100
  89.5%95.7%100.0%
  97.896.4100.0
  102.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime