Housing costs in Winona?
A typical home costs
$210,100, which is 37.9% less expensive than the national average of
$338,100 and 32.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Winona costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Winona?
To live comfortably in Winona, Minnesota, a minimum annual income of
$40,320 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Winona?
The cost of living in Winona, MN is quite reasonable. The median household income is approximately $49,800 and the average rent for a one-bedroom apartment is around $630. The overall cost of goods and services is slightly lower than the US national average. Groceries, utilities, gas prices and health care are all fairly affordable when compared to other parts of the country. Additionally, property taxes are relatively low compared to other cities in Minnesota. All in all, Winona offers a very competitive cost of living for those looking for an affordable place to live in the Midwest.