Housing costs in Mahtomedi?
A typical home costs
$433,900, which is 28.3% more expensive than the national average of
$338,100 and 40.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mahtomedi costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 26.2% more than the state average of
$1,240.
Can I afford Mahtomedi?
To live comfortably in Mahtomedi, Minnesota, a minimum annual income of
$83,160 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Mahtomedi?
The cost of living in Mahtomedi, MN is generally considered to be quite moderate. The median home value in the city is around $299,000 and the median monthly rent is just over $1,200. Additionally, groceries and other basic necessities tend to be lower than the national average. Transportation costs are also fairly low with many residents relying on their own vehicles or public transportation. Overall, Mahtomedi is a great place to live for those looking for an affordable cost of living without sacrificing the amenities of a larger city.