
Housing costs in Dumont?
A typical home costs
$119,900, which is 64.5% less expensive than the national average of
$338,100 and 61.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Dumont costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 77.1% cheaper than the state average of
$1,240.
Can I afford Dumont?
To live comfortably in Dumont, Minnesota, a minimum annual income of
$23,040 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Dumont?
Dumont, MN is a small town located in the northwestern part of the state. The cost of living in Dumont is relatively low compared to other areas of the state. Housing costs are quite affordable, with median home values being around $90,000, and rents averaging at $650 for a two-bedroom apartment. The grocery store prices are also very reasonable, with staples such as milk, bread, and eggs costing much less than the national average. Additionally, local fuel prices are significantly lower than other parts of Minnesota. All in all, life in Dumont can be quite affordable for those looking to settle down and live comfortably on a budget.