Housing costs in Nevis?
A typical home costs
$310,800, which is 8.1% less expensive than the national average of
$338,100 and 0.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Nevis costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 30.5% cheaper than the state average of
$1,240.
Can I afford Nevis?
To live comfortably in Nevis, Minnesota, a minimum annual income of
$59,400 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Nevis?
The cost of living in Nevis, MN is quite affordable when compared to other parts of the country. The median price for a home in Nevis is just over $132,000, which is much lower than the national median home price. Furthermore, the cost of groceries, health care and utilities are all below average in this area. In addition, residents enjoy low taxes and an overall low cost of living when compared to many other locations in the United States. All these factors combined make Nevis an attractive and economical place for people looking for a desirable place to live.