Housing costs in Taconite?
A typical home costs
$147,900, which is 56.3% less expensive than the national average of
$338,100 and 52.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Taconite costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$1,240.
Can I afford Taconite?
To live comfortably in Taconite, Minnesota, a minimum annual income of
$28,440 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Taconite?
The cost of living in Taconite, MN is relatively affordable compared to other areas of the country. The median housing costs are lower than the national average, and there is no state income tax. Grocery costs, utilities and transportation services are all reasonably priced. The area also offers a variety of discounts at local stores and restaurants which helps to keep everyday prices low. All in all, living in Taconite can be economical for individuals and families on a budget.