Housing costs in Minnesota City?
A typical home costs
$151,600, which is 55.2% less expensive than the national average of
$338,100 and 51.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Minnesota City costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 39.3% cheaper than the state average of
$1,240.
Can I afford Minnesota City?
To live comfortably in Minnesota City, Minnesota, a minimum annual income of
$29,160 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Minnesota City?
The cost of living in Minnesota City, MN is quite reasonable. Housing costs are relatively low compared to other cities, with the median home price at about $150,000. The average cost of a one bedroom apartment is around $850 per month. Food and groceries are also quite affordable, with basic groceries costing approximately 3% less than the national average. Gas prices tend to fluctuate but are typically in line with the national average as well. Taxes are slightly higher than other parts of the country, but overall the cost of living remains rather affordable in Minnesota City.