Zip 55080 (Stanchfield, MN) Cost of Living


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How much do I need to live in Stanchfield, Minnesota?
$5,640 / month
for a family, 4.4% more expensive than the national average A total of $67,680 for the year for a family.
$5,133 / month
for a single person, 7.7% more expensive than the national average A total of $61,600 for the year for a single person.

Stanchfield cost of living score
100.8
More expensive
0.8% higher
than the US average
3.7% higher
than the Minnesota average
Stanchfield (zip 55080), Minnesota gets a BestPlaces Cost of Living score of 100.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.8% higher than the U.S. average and 3.7% higher than the average for Minnesota.

Zip 55080 (Stanchfield, MN)

Housing costs in Stanchfield?
A typical home costs $352,400, which is 4.2% more expensive than the national average of $338,100 and 13.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Stanchfield costs $1,880 per month, which is 31.5% more than the national average of $1,430 and 34.0% more than the state average of $1,240.

Can I afford Stanchfield?
To live comfortably in Stanchfield (zip 55080), Minnesota, a minimum annual income of $67,680 for a family, and $61,600 for a single person is recommended.

What does A.I. say about Stanchfield?
Living in 55080 Stanchfield, MN is relatively affordable compared to other parts of the state. Housing costs are low, averaging around $175,000 for a home. Rent typically ranges from $800 to $1,200 a month depending on the size and number of bedrooms. Groceries and utilities are also relatively inexpensive. There are plenty of restaurants around town as well as stores that offer a variety of items at reasonable prices. Overall, living in Stanchfield can be an economical choice for those looking for an affordable place to live in Minnesota.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStanchfieldMinnesotaUnited States
    Unlock97.2100.0
  99.2  Unlock100.0
    Unlock78.3100.0
  100.7  Unlock100.0
    Unlock$309,500$338,100
  102.7  Unlock100.0
    Unlock96.4100.0
  102.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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