Housing costs in Royalton?
A typical home costs
$293,400, which is 13.2% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Royalton costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 57.0% cheaper than the state average of
$1,240.
Can I afford Royalton?
To live comfortably in Royalton (zip 56373), Minnesota, a minimum annual income of
$56,160 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Royalton?
The cost of living in 56373 Royalton, MN is quite reasonable. The median home value is just over $135,000, making it an affordable option for many. In addition, the cost of goods and services in the area are also lower than the national average. Groceries, transportation, and utilities tend to be much cheaper compared to other places. Renters can expect to pay around $750 a month for a two-bedroom apartment. Overall, 56373 Royalton, MN offers an excellent quality of life at an affordable price.