Housing costs in Home?
A typical home costs
$354,500, which is 4.9% more expensive than the national average of
$338,100 and 14.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Home costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 31.9% more than the state average of
$1,240.
Can I afford Home?
To live comfortably in Home, Minnesota, a minimum annual income of
$68,040 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Home?
The cost of living in Home, MN is quite reasonable. The median home value in the city is $179,400 which is slightly lower than the national average. Property taxes are also fairly low for the area, coming in at a rate of 0.98%. This makes purchasing a home much more affordable and helps to keep living costs down as well. The overall cost of groceries and other necessary items is also quite low as compared to other suburban cities in Minnesota, making it an attractive choice for those looking to save money on their monthly expenses.