Housing costs in Gilbert?
A typical home costs
$111,400, which is 67.1% less expensive than the national average of
$338,100 and 64.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Gilbert costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,240.
Can I afford Gilbert?
To live comfortably in Gilbert, Minnesota, a minimum annual income of
$21,240 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Gilbert?
Gilbert, MN is an affordable place to live with reasonable cost of living. The overall cost of living index in Gilbert is 21% lower than the national average. Housing costs are low, with a median home value of around $158,000 and the median rent at about $860 monthly. Other expenses like groceries, utilities, health care, and transportation all remain below the national averages. This makes Gilbert an ideal place for those looking for a comfortable lifestyle without breaking the bank.