Zip 56386 (Wahkon, MN) Cost of Living


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Wahkon cost of living score
90
Less expensive
10.0% lower
than the US average
7.4% lower
than the Minnesota average
Wahkon (zip 56386), Minnesota gets a BestPlaces Cost of Living score of 90, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.0% lower than the U.S. average and 7.4% higher than the average for Minnesota.

Zip 56386 (Wahkon, MN)

Housing costs in Wahkon?
A typical home costs $266,600, which is 21.1% less expensive than the national average of $338,100 and 13.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Wahkon costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 39.3% cheaper than the state average of $1,240.

Can I afford Wahkon?
To live comfortably in Wahkon (zip 56386), Minnesota, a minimum annual income of $51,120 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Wahkon?
The cost of living in 56386 Wahkon, MN is relatively low compared to other larger cities. According to the most recent data from the US Census Bureau, the cost of living in the city is approximately 8 percent lower than the national average. The city's median home value is around $109,100 and there are plenty of affordable housing options available. Additionally, overall expenses for goods and services are also lower than average due to a low sales tax rate and reasonable costs for food and gasoline.
   Cost of living score
     CategoriesWahkonMinnesotaUnited States
  90.097.2100.0
  99.497.2100
  79.178.3100.0
  66.9102.9100.0
  $266,600$309,500$338,100
  100.5%95.7%100.0%
  116.096.4100.0
  92.4117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime