Housing costs in Cambridge?
A typical home costs
$282,100, which is 16.6% less expensive than the national average of
$338,100 and 8.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cambridge costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Cambridge?
To live comfortably in Cambridge, Minnesota, a minimum annual income of
$54,000 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Cambridge?
The cost of living in Cambridge, MN is slightly lower than the national average, making it an affordable place to live. The median home costs about $169,000, which is much lower than the US median of around $200,000. Utilities are also relatively low when compared to other areas of the state and nation. Additionally, gasoline and food prices tend to be quite reasonable. Overall, Cambridge is a very attractive option for those looking to enjoy a pleasant lifestyle at an affordable cost.