Housing costs in Apple Valley?
A typical home costs
$348,600, which is 3.1% more expensive than the national average of
$338,100 and 12.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Apple Valley costs
$1,690 per month, which is 36.3% more than the national average of
$1,240 and 17.2% more than the state average of
$1,400.
Can I afford Apple Valley?
To live comfortably in Apple Valley (zip 55124), Minnesota, a minimum annual income of
$66,960 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Apple Valley?
The cost of living in 55124 Apple Valley, MN is relatively affordable compared to other areas of the Minneapolis area. The median home cost is around $236,600 and the median rent is about $1,060 per month. Utilities such as electric and heat are also at a relatively low rate compared to the rest of the state. Groceries and other necessities are also priced lower than average which makes it an ideal place for those looking for a more budget-friendly lifestyle. Furthermore, there are plenty of options for dining out or entertainment that won't break the bank either. Overall, Apple Valley offers a great option for anyone looking for an affordable lifestyle with access to all of the amenities of one of Minnesota鈥檚 largest cities.