Housing costs in Marshall?
A typical home costs
$197,600, which is 41.6% less expensive than the national average of
$338,100 and 36.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Marshall costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Marshall?
To live comfortably in Marshall, Minnesota, a minimum annual income of
$37,800 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Marshall?
The cost of living in Marshall, MN is generally considered to be affordable for most people. The median home value is $137,800, which is lower than the national average. The median rent price is also below the national average at just $766 per month. Groceries are reasonably priced and utilities are slightly lower than the national average as well. With a low unemployment rate of 2.8%, job opportunities are plentiful for those looking to make Marshall, MN their home. Overall, the cost of living in Marshall, MN is quite reasonable and within reach of most individuals and families.