Housing costs in La Crescent?
A typical home costs
$285,700, which is 15.5% less expensive than the national average of
$338,100 and 7.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in La Crescent costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,240.
Can I afford La Crescent?
To live comfortably in La Crescent, Minnesota, a minimum annual income of
$54,720 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about La Crescent?
The cost of living in La Crescent, MN is quite reasonable. The median home cost is $189,000, which is significantly lower than the national average. In addition, the median household income is around $57,000 per year and the unemployment rate in La Crescent sits at 3.1%, a rate significantly lower than the state average of 4.3%. There are also various housing options available for different budgets. All these factors make La Crescent a great place to live and work due to its affordability.