Housing costs in Norton?
A typical home costs
$485,200, which is 43.5% more expensive than the national average of
$338,100 and 56.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Norton costs
$910 per month, which is 36.4% more than the national average of
$1,430 and 36.3% more than the state average of
$1,240.
Can I afford Norton?
To live comfortably in Norton, Minnesota, a minimum annual income of
$92,880 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Norton?
The cost of living in Norton, MN is relatively affordable when compared to other parts of the country. The median home value in Norton is $150,000, which is lower than the state average. A grocery bill runs about $30 per week for an individual and $50 per week for a family of four. Utilities such as electricity and water are also reasonably priced at around $80 to $100 a month. Tax rates are also lower than some states, making it an attractive place for people looking to live on a budget. Overall, Norton is an affordable place to live for families and individuals alike.