Housing costs in Caledonia?
A typical home costs
$211,400, which is 37.5% less expensive than the national average of
$338,100 and 31.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Caledonia costs
$860 per month, which is 30.6% cheaper than the national average of
$1,240 and 18.6% cheaper than the state average of
$1,020.
Can I afford Caledonia?
To live comfortably in Caledonia (zip 55921), Minnesota, a minimum annual income of
$40,680 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Caledonia?
The cost of living in 55921 Caledonia, MN is relatively affordable compared to many other parts of the country. The median home value in this zip code is $158,400, which is lower than the national median of $200,000. Additionally, the median monthly cost for a household with two adults and two children is $2,201, while the national average is $2,576. The median household income in 55921 Caledonia, MN is also lower than the national average at around $52,000. This means that residents can expect to pay less for housing and have more money leftover for other necessities like food and transportation costs.