Housing costs in Golden Valley?
A typical home costs
$388,300, which is 14.8% more expensive than the national average of
$338,100 and 25.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Golden Valley costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 17.9% more than the state average of
$1,240.
Can I afford Golden Valley?
To live comfortably in Golden Valley, Minnesota, a minimum annual income of
$74,520 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Golden Valley?
The cost of living in Golden Valley, MN is generally considered to be very reasonable. The median home price for the area is around $210,000, which is on par with the national average and far below that of many other parts of the country. Transportation costs are also relatively low due to its location within the Twin Cities metro area. Groceries and other necessities tend to be affordable as well, though there may be some slight variations depending on where you shop. Overall, Golden Valley is a great place to live due to its combination of affordability and convenience.