Housing costs in Grand Marais?
A typical home costs
$319,600, which is 5.5% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Grand Marais costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Grand Marais?
To live comfortably in Grand Marais, Minnesota, a minimum annual income of
$61,200 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Grand Marais?
Grand Marais, MN is a rural town located on the North Shore of Lake Superior, and as such it offers a relatively low cost of living compared to other areas in the state. The median home cost in Grand Marais is roughly $165,000 which is significantly lower than the national average of $231,200. Additionally, groceries, healthcare costs and utilities are all below average for the state. Overall, Grand Marais provides an affordable quality of life for its residents without sacrificing the beauty and charm that make it such a desirable place to live.