Housing costs in Baker CDP (Clay County)?
A typical home costs
$165,400, which is 51.1% less expensive than the national average of
$338,100 and 46.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Baker CDP (Clay County) costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Baker CDP (Clay County)?
To live comfortably in Baker CDP (Clay County), Minnesota, a minimum annual income of
$31,680 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Baker CDP (Clay County)?
The cost of living in Baker, MN is fairly reasonable. The median home value in the city is around $99,000 and the median monthly rent is $655. The cost of utilities such as gas and electricity are also very affordable. Groceries and other necessities are also inexpensive compared to other cities in the region. All in all, Baker provides its residents with a relatively low-cost lifestyle that is comfortable yet still allows them to save money for future investments.