Housing costs in Andover?
A typical home costs
$402,900, which is 19.2% more expensive than the national average of
$338,100 and 30.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Andover costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 37.4% more than the state average of
$1,240.
Can I afford Andover?
To live comfortably in Andover, Minnesota, a minimum annual income of
$77,040 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Andover?
Andover, MN is an affordable place to live in the Twin Cities Metro Area. The median home price in the city is $280,000, which is lower than the median home price for both Anoka County and Minnesota as a whole. Additionally, the cost of living in Andover is slightly below average with food costs at almost three percent below the national average and housing costs at 1.3 percent below the national average. Living expenses such as transportation, utilities, health care and miscellaneous goods are all also slightly below average for Andover residents. All of these factors combined make Andover a very affordable place to call home for those looking to live in the Minneapolis-Saint Paul Metro Area.