Housing costs in Elysian?
A typical home costs
$352,900, which is 4.4% more expensive than the national average of
$338,100 and 14.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elysian costs
$1,130 per month, which is 8.9% cheaper than the national average of
$1,240 and 23.9% cheaper than the state average of
$1,400.
Can I afford Elysian?
To live comfortably in Elysian (zip 56028), Minnesota, a minimum annual income of
$67,680 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Elysian?
The cost of living in 56028 Elysian, MN is relatively affordable. The median home value is approximately $181,000 and the median monthly rent is just over $900. Taxes are also low, with an average effective property tax rate of 0.75%, making it a great place to buy a home or rent an apartment. Additionally, the area has a wide range of dining options and grocery stores ranging from local produce to international markets. Prices tend to be lower compared to larger cities, making this community a great choice for those looking for an affordable place to live.