
Housing costs in Holloway?
A typical home costs
$185,600, which is 45.1% less expensive than the national average of
$338,100 and 40.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Holloway costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Holloway?
To live comfortably in Holloway (zip 56249), Minnesota, a minimum annual income of
$35,640 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Holloway?
The cost of living in 56249 Holloway, MN is quite reasonable. The median home value for the area is around $206,700, which is lower than the national average. Renters can expect to pay an average of $946 per month for a one-bedroom apartment and $1,093 for a two-bedroom apartment. Prices for groceries and other basic necessities are also affordable with the overall cost of living index being 3% lower than the national average. In addition, the area has access to great public transportation options and many amenities that help it remain budget friendly.