Zip 56186 (Woodstock, MN) Cost of Living


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United States / Minnesota / No Metro Area / Pipestone County / Woodstock / Woodstock (zip 56186)
How much do I need to live in Woodstock, Minnesota?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,333 / month
for a single person, 51.1% less expensive than the national average A total of $28,000 for the year for a single person.

Woodstock cost of living score
69.9
Less expensive
30.1% lower
than the US average
28.1% lower
than the Minnesota average
Woodstock (zip 56186), Minnesota gets a BestPlaces Cost of Living score of 69.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.1% lower than the U.S. average and 28.1% higher than the average for Minnesota.

Zip 56186 (Woodstock, MN)

Housing costs in Woodstock?
A typical home costs $186,200, which is 44.9% less expensive than the national average of $338,100 and 39.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Woodstock costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 49.4% cheaper than the state average of $1,240.

Can I afford Woodstock?
To live comfortably in Woodstock (zip 56186), Minnesota, a minimum annual income of $35,640 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Woodstock?
The cost of living in 56186 Woodstock, MN is fairly reasonable. The estimated median home value is around $154,500, which is below the national median of $184,700. Renters can expect to pay an average of $979 per month for a two-bedroom apartment. Groceries and other essentials are generally lower than the national average as well. Utilities are slightly higher, but still quite reasonable compared to other areas across the country. All in all, 56186 Woodstock is an affordable place to live with plenty of amenities and activities available for residents.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWoodstockMinnesotaUnited States
    Unlock97.2100.0
  93.7  Unlock100.0
    Unlock78.3100.0
  63.6  Unlock100.0
    Unlock$309,500$338,100
  96.4  Unlock100.0
    Unlock96.4100.0
  81.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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