Housing costs in Grand Rapids?
A typical home costs
$208,000, which is 38.5% less expensive than the national average of
$338,100 and 32.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Grand Rapids costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$1,240.
Can I afford Grand Rapids?
To live comfortably in Grand Rapids (zip 55744), Minnesota, a minimum annual income of
$39,960 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Grand Rapids?
The cost of living in Grand Rapids, MN 55744 is relatively low compared to other areas in the United States. The median home price in this area is about $143,500, which is less than half of the national median home price. The cost of utilities and transportation are also very reasonable when compared to larger cities. Additionally, groceries are lower than the national average, making it an affordable place to live. With so many great amenities nearby such as parks and outdoor recreation areas, there's plenty to enjoy without spending too much money.