Zip 56175 (Tracy, MN) Cost of Living


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How much do I need to live in Tracy, Minnesota?
$1,800 / month
for a family, 66.7% less expensive than the national average A total of $21,600 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Tracy cost of living score
75.7
Less expensive
24.3% lower
than the US average
22.1% lower
than the Minnesota average
Tracy (zip 56175), 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 56175 (Tracy, MN)

Housing costs in Tracy?
A typical home costs $112,100, which is 66.8% less expensive than the national average of $338,100 and 63.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Tracy costs $820 per month, which is 33.9% cheaper than the national average of $1,240 and close to the state average of $830.

Can I afford Tracy?
To live comfortably in Tracy (zip 56175), Minnesota, a minimum annual income of $21,600 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Tracy?
The cost of living in 56175 Tracy, MN is relatively affordable. According to the Cost of Living Index, the cost of living in this area is 5% below the U.S. average. This includes essentials like groceries and healthcare, as well as housing costs such as rent and utilities. The median home price in 56175 Tracy, MN is around $80,000 which is significantly lower than most areas in the country. In addition, residents here don’t have to worry about high taxes or expensive transportation costs making life more affordable for people living in this area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTracyMinnesotaUnited States
    Unlock97.2100.0
  92.1  Unlock100.0
    Unlock78.3100.0
  37.9  Unlock100.0
    Unlock$309,500$338,100
  95.8  Unlock100.0
    Unlock96.4100.0
  82.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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