Zip 56291 (Taunton, MN) Cost of Living


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Taunton cost of living score
75.7
Less expensive
24.3% lower
than the US average
22.1% lower
than the Minnesota average
Taunton (zip 56291), Minnesota gets a BestPlaces Cost of Living score of 75.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% lower than the U.S. average and 22.1% higher than the average for Minnesota.

Zip 56291 (Taunton, MN)

Housing costs in Taunton?
A typical home costs $192,000, which is 43.2% less expensive than the national average of $338,100 and 38.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Taunton costs $810 per month, which is 34.7% cheaper than the national average of $1,240 and 2.5% cheaper than the state average of $830.

Can I afford Taunton?
To live comfortably in Taunton (zip 56291), Minnesota, a minimum annual income of $36,720 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Taunton?
The cost of living in 56291 Taunton, MN is quite reasonable. The median listing price for a home in the area is $224,900, which is far lower than the national median listing price of nearly $320,000. In addition to this, the median rent price here is just over $1,200 per month while the national average hovers around $1,500 a month. With an overall cost of living index that falls between 80 and 85 (with 100 being average), you can expect to save some money when living in this Minnesota community!
   Cost of living score
     CategoriesTauntonMinnesotaUnited States
  75.797.2100.0
  93.297.2100
  81.278.3100.0
  39.5102.9100.0
  $192,000$309,500$338,100
  91.9%95.7%100.0%
  63.496.4100.0
  82.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime