Housing costs in Milo?
A typical home costs
$301,900, which is 10.7% less expensive than the national average of
$338,100 and 2.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milo costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 13.8% cheaper than the state average of
$1,240.
Can I afford Milo?
To live comfortably in Milo, Minnesota, a minimum annual income of
$57,960 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Milo?
The cost of living in Milo, MN is relatively low compared to other locations. In addition to the affordable rent and housing prices, there are also a variety of restaurants, grocery stores, and retail stores with very reasonable prices. The average grocery bill for a family of four in Milo is approximately $300 per month. The city also has a low sales tax rate, making it easier on residents when they go shopping for everyday items. Overall, those looking to live in Milo will find that the cost of living is reasonable and can be managed easily on most budgets.