Housing costs in Deerwood?
A typical home costs
$333,800, which is 1.3% less expensive than the national average of
$338,100 and 7.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Deerwood costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 27.8% cheaper than the state average of
$1,240.
Can I afford Deerwood?
To live comfortably in Deerwood (zip 56444), Minnesota, a minimum annual income of
$64,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Deerwood?
The cost of living in 56444 Deerwood, MN is affordable compared to other places in the state. Home prices are relatively low and have increased at a modest rate over the past few years. The median listing price for homes is around $200,000, which is below the national median. Utilities such as electricity and natural gas tend to be lower than the national average as well. Overall, Deerwood has an excellent cost of living that makes it attractive to potential home buyers.