Housing costs in Sandstone?
A typical home costs
$216,500, which is 36.0% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Sandstone costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,240.
Can I afford Sandstone?
To live comfortably in Sandstone (zip 55072), Minnesota, a minimum annual income of
$41,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Sandstone?
The cost of living in 55072 Sandstone, MN is relatively low compared to the rest of the United States. The median home value is around $126,100 and the median rent is around $831 a month. Groceries are also fairly inexpensive with prices comparable to the nearby Twin Cities area. Sandstone does not have any major shopping malls or large retailers which helps keep costs down as well. Taxes in 55072 are about average for Minnesota with an income tax rate of 7.05% and property taxes averaging around $1,637 per year. All this makes Sandstone an affordable place to live for those looking for a more laid-back lifestyle outside of a big city.