Housing costs in Middle River?
A typical home costs
$159,500, which is 52.8% less expensive than the national average of
$338,100 and 48.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Middle River costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 55.0% cheaper than the state average of
$1,240.
Can I afford Middle River?
To live comfortably in Middle River (zip 56737), Minnesota, a minimum annual income of
$30,600 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Middle River?
The cost of living in 56737 Middle River, MN is relatively low compared to other areas of the state. The median home price in the city is around $175,000, which is significantly lower than the statewide median home price of $220,000. Additionally, there are no major cities nearby so the cost of living for everyday items is kept low. Food and gas prices are also lower than most other locations in Minnesota. All these factors combine to make 56737 Middle River an affordable place to live!