Housing costs in Fosston?
A typical home costs
$178,200, which is 47.3% less expensive than the national average of
$338,100 and 42.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fosston costs
$890 per month, which is 28.2% cheaper than the national average of
$1,240 and close to the state average of
$890.
Can I afford Fosston?
To live comfortably in Fosston (zip 56542), Minnesota, a minimum annual income of
$34,200 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Fosston?
The cost of living in 56542 Fosston, MN is relatively low compared to other areas. The median home price in this area is around $128,000, with rent costing an average of $800 per month. Utilities in the area are affordable as well, with electricity and natural gas averaging around $85 a month. Food costs remain reasonable too; groceries average at about $270 per month for a family of four. Living expenses overall are significantly lower than the national averages, making 56542 Fosston, MN a great option for those seeking an affordable place to live.