Housing costs in Anoka?
A typical home costs
$304,000, which is 10.1% less expensive than the national average of
$338,100 and 1.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Anoka costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 7.5% more than the state average of
$1,240.
Can I afford Anoka?
To live comfortably in Anoka, Minnesota, a minimum annual income of
$58,320 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Anoka?
Anoka, Minnesota is an affordable place to live with a relatively low cost of living. The median home value in Anoka is $236,100, which is significantly lower than the U.S. median of $277,000. In addition, the city’s average household income of $56,292 is lower than the nation's average of $61,937. Renters will find that the average rental price of a one-bedroom apartment in Anoka is about $975 per month - slightly lower than the national average rent of around $1,202. Utility costs and groceries are also slightly lower than those in other parts of Minnesota and across the U.S., making Anoka an attractive option for those seeking affordability without sacrificing basic amenities and services.