Housing costs in Worthington?
A typical home costs
$199,400, which is 41.0% less expensive than the national average of
$338,100 and 35.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Worthington costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 34.8% cheaper than the state average of
$1,240.
Can I afford Worthington?
To live comfortably in Worthington, Minnesota, a minimum annual income of
$38,160 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Worthington?
The cost of living in Worthington, MN is quite affordable. The median home value is $130,400 which is lower than the US average, and the median rent for an apartment is $633 per month. Residents enjoy a very low unemployment rate of 2.2%, with the typical household income here being over $51,000. Taxes are also quite reasonable in Worthington, with an effective tax rate for property taxes being just 0.71%. All things considered, living in Worthington can be very affordable and offer a great quality of life.