Zip 56176 (Trimont, MN) Cost of Living


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United States / Minnesota / No Metro Area / Martin County / Trimont / Trimont (zip 56176)
How much do I need to live in Trimont, Minnesota?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Trimont cost of living score
72.4
Less expensive
27.6% lower
than the US average
25.5% lower
than the Minnesota average
Trimont (zip 56176), Minnesota gets a BestPlaces Cost of Living score of 72.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.6% lower than the U.S. average and 25.5% higher than the average for Minnesota.

Zip 56176 (Trimont, MN)

Housing costs in Trimont?
A typical home costs $152,500, which is 54.9% less expensive than the national average of $338,100 and 50.7% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Trimont costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Trimont?
To live comfortably in Trimont (zip 56176), Minnesota, a minimum annual income of $29,160 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Trimont?
The cost of living in 56176 Trimont, MN is relatively affordable. Housing costs are very low compared to the rest of the state, with a median home value being around $127,400 - much lower than the state average of $212,900. The cost of groceries and other goods in Trimont is also slightly below the national average. Additionally, there are plenty of job opportunities in town for those looking to make a living; the unemployment rate is 5.4%, while the statewide rate is 6%. All in all, 56176 Trimont offers an attractive point of view when it comes to affordability.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTrimontMinnesotaUnited States
    Unlock97.2100.0
  93.1  Unlock100.0
    Unlock78.3100.0
  31.5  Unlock100.0
    Unlock$309,500$338,100
  91.8  Unlock100.0
    Unlock96.4100.0
  78.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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