Housing costs in Raymond?
A typical home costs
$192,100, which is 43.2% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Raymond costs
$830 per month, which is 33.1% cheaper than the national average of
$1,240 and 2.4% cheaper than the state average of
$850.
Can I afford Raymond?
To live comfortably in Raymond (zip 56282), Minnesota, a minimum annual income of
$36,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Raymond?
The cost of living in Raymond, MN (56282) is relatively affordable compared to other parts of Minnesota and the United States. On average, groceries, transportation, and healthcare are all lower than the national averages. Housing costs are also below the national average; however, they are slightly higher than those seen throughout the rest of Minnesota. Property taxes are also quite low in Raymond, making it an attractive option for those looking to purchase a home or settle down in the area. Overall, the cost of living makes Raymond an ideal location for individuals or families looking to save money while still having access to necessary amenities and services.