Housing costs in Plymouth?
A typical home costs
$420,100, which is 24.3% more expensive than the national average of
$338,100 and 35.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Plymouth costs
$1,710 per month, which is 37.9% more than the national average of
$1,240 and 18.1% more than the state average of
$1,400.
Can I afford Plymouth?
To live comfortably in Plymouth (zip 55447), Minnesota, a minimum annual income of
$80,640 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Plymouth?
The cost of living in 55447 Plymouth, MN is relatively high compared to the national average, with a cost of living index of 106.3. In terms of housing costs, the median home value in the area is $320,100, significantly higher than the state median of $211,400. Renters can expect to pay an average rent of $1,589 per month for a one-bedroom apartment in this area. Groceries and other basic necessities are also more expensive than many other areas due to the higher cost of living overall. However, with its excellent amenities and convenient location near Minneapolis and St. Paul, 55447 Plymouth remains a desirable place to live for many people.