Housing costs in Claremont?
A typical home costs
$257,500, which is 23.8% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Claremont costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$1,240.
Can I afford Claremont?
To live comfortably in Claremont, Minnesota, a minimum annual income of
$49,320 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Claremont?
Claremont, MN has a cost of living that is slightly above the national average. However, the city offers plenty of affordable housing options for those looking to relocate. The median home price is just over $150,000, which is quite reasonable compared to other towns in the area. Additionally, groceries and utilities remain relatively low when compared to neighboring cities. Finally, with no state income tax, Claremont residents have an extra incentive to stay put! All in all, Claremont provides a quality of life at an affordable price point that can't be beat.