Housing costs in Scanlon?
A typical home costs
$229,000, which is 32.3% less expensive than the national average of
$338,100 and 26.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Scanlon costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 6.9% cheaper than the state average of
$1,240.
Can I afford Scanlon?
To live comfortably in Scanlon, Minnesota, a minimum annual income of
$43,920 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Scanlon?
Scanlon, MN has a relatively low cost of living compared to other cities in Minnesota. The average rent for an apartment is around $900, while the median home value is just over $132,000. Utilities are also affordable in Scanlon, with the average household energy bill costing only around $100 monthly. Groceries and other daily needs are also reasonably priced, making it easy for residents to save money each month. Tax rates are also relatively low, with a combined state and local rate of 6.875%. All these factors make Scanlon an attractive option for those looking to stretch their budget without sacrificing quality of life.