Housing costs in Ronneby?
A typical home costs
$392,200, which is 16.0% more expensive than the national average of
$338,100 and 26.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ronneby costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Ronneby?
To live comfortably in Ronneby, Minnesota, a minimum annual income of
$75,240 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Ronneby?
The cost of living in Ronneby, MN is quite reasonable compared to other parts of the country. The median household income is around $50,000, which is slightly below the national average but still provides a comfortable lifestyle for most residents. Housing costs are also affordable, with the median home value estimated at just over $128,000 and rent typically ranging from $700 to $1,000 for a two bedroom apartment. Groceries and other necessities are also relatively inexpensive when compared to other cities in the United States. In addition, there are no state income taxes in Minnesota which further helps keep living costs down for Ronneby residents.