Housing costs in Elizabeth?
A typical home costs
$183,600, which is 45.7% less expensive than the national average of
$338,100 and 40.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elizabeth costs
$850 per month, which is 31.5% cheaper than the national average of
$1,240 and close to the state average of
$860.
Can I afford Elizabeth?
To live comfortably in Elizabeth (zip 56533), Minnesota, a minimum annual income of
$35,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Elizabeth?
The cost of living in Elizabeth, MN 56533 is quite reasonable. Groceries are relatively inexpensive, with a moderate cost of living index. Housing costs are also quite affordable, with the median home costing just over $100,000. Other expenses such as transportation and utilities are also fairly low compared to other areas in the country. Overall, the cost of living in Elizabeth is very manageable for a variety of budgets and lifestyles.