Housing costs in Owatonna township?
A typical home costs
$341,000, which is 0.9% more expensive than the national average of
$338,100 and 10.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Owatonna township costs
$930 per month, which is 35.0% more than the national average of
$1,430 and 33.3% more than the state average of
$1,240.
Can I afford Owatonna township?
To live comfortably in Owatonna township, Minnesota, a minimum annual income of
$65,160 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Owatonna township?
Owatonna Township, MN is known for its low cost of living. This small town offers affordable housing options with the median home value being just over $135,000. The overall cost of living in this area is about 12% below the national average, making it one of the most reasonable places to live. Grocery and utility costs are also significantly lower than the national average, which can further increase savings when choosing to live in Owatonna Township, MN. With tax rates that remain relatively low as well, living here provides an excellent opportunity for individuals and families to save money while enjoying a high quality of life.