Zip 56098 (Winnebago, MN) Cost of Living


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United States / Minnesota / No Metro Area / Faribault County / Winnebago / Winnebago (zip 56098)
How much do I need to live in Winnebago, Minnesota?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 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.

Winnebago cost of living score
71.8
Less expensive
28.2% lower
than the US average
26.1% lower
than the Minnesota average
Winnebago (zip 56098), Minnesota gets a BestPlaces Cost of Living score of 71.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.2% lower than the U.S. average and 26.1% higher than the average for Minnesota.

Zip 56098 (Winnebago, MN)

Housing costs in Winnebago?
A typical home costs $141,100, which is 58.3% less expensive than the national average of $338,100 and 54.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Winnebago 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 Winnebago?
To live comfortably in Winnebago (zip 56098), Minnesota, a minimum annual income of $27,000 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Winnebago?
The cost of living in 56098 Winnebago, MN is quite affordable compared to many other cities. Housing costs are relatively low, with the median price of a home being only $125,000. The monthly rental rate for two-bedroom units is also quite reasonable at $580. Additionally, groceries and healthcare costs are also reasonably priced. Utility bills tend to be slightly higher than the national average; however, the overall cost of living in the area is still quite affordable.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWinnebagoMinnesotaUnited States
    Unlock97.2100.0
  92.2  Unlock100.0
    Unlock78.3100.0
  58.5  Unlock100.0
    Unlock$309,500$338,100
  98.0  Unlock100.0
    Unlock96.4100.0
  69.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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