Zip 56091 (Waldorf, MN) Cost of Living


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United States / Minnesota / No Metro Area / Waseca County / Waldorf / Waldorf (zip 56091)
How much do I need to live in Waldorf, Minnesota?
$2,700 / month
for a family, 50.0% less expensive than the national average A total of $32,400 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Waldorf cost of living score
80
Less expensive
20.0% lower
than the US average
17.7% lower
than the Minnesota average
Waldorf (zip 56091), Minnesota gets a BestPlaces Cost of Living score of 80, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.0% lower than the U.S. average and 17.7% higher than the average for Minnesota.

Zip 56091 (Waldorf, MN)

Housing costs in Waldorf?
A typical home costs $168,300, which is 50.2% less expensive than the national average of $338,100 and 45.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Waldorf costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 51.2% cheaper than the state average of $1,240.

Can I afford Waldorf?
To live comfortably in Waldorf (zip 56091), Minnesota, a minimum annual income of $32,400 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Waldorf?
The cost of living in 56091 Waldorf, MN is very reasonable when compared to the rest of the United States. The median home price in the area is around $170,000 which is significantly lower than the national average of approximately $300,000. Additionally, the median household income for Waldorf stands at $69,540 which is also lower than the national average of around $60,293. Also, rental prices are quite low with a one-bedroom costing an average of only $700 per month. All in all, it's easy to say that living in 56091 Waldorf can be done on a small budget and still maintain a comfortable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaldorfMinnesotaUnited States
    Unlock97.2100.0
  95.1  Unlock100.0
    Unlock78.3100.0
  42.7  Unlock100.0
    Unlock$309,500$338,100
  102.4  Unlock100.0
    Unlock96.4100.0
  82.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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