Zip 55974 (Spring Grove, MN) Cost of Living


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Spring Grove cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.9% lower
than the Minnesota average
Spring Grove (zip 55974), Minnesota gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.9% higher than the average for Minnesota.

Zip 55974 (Spring Grove, MN)

Housing costs in Spring Grove?
A typical home costs $200,400, which is 40.7% less expensive than the national average of $338,100 and 35.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Spring Grove costs $900 per month, which is 27.4% cheaper than the national average of $1,240 and 13.3% cheaper than the state average of $1,020.

Can I afford Spring Grove?
To live comfortably in Spring Grove (zip 55974), Minnesota, a minimum annual income of $38,520 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Spring Grove?
The cost of living in 55974 Spring Grove, MN is relatively affordable. According to BestPlaces, the cost of living index in this area is 83.3, which is 17.7% lower than the US average. Housing costs are especially attractive, with a median home value of only $147,600 which is significantly lower than the US median home value of $226,800. Overall, 55974 Spring Grove, MN offers a great quality of life at an affordable price.
   Cost of living score
     CategoriesSpring GroveMinnesotaUnited States
  87.697.2100.0
  93.697.2100
  91.478.3100.0
  55.8102.9100.0
  $200,400$309,500$338,100
  101.5%95.7%100.0%
  82.096.4100.0
  84.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
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