Housing costs in Arco?
A typical home costs
$59,900, which is 82.3% less expensive than the national average of
$338,100 and 80.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Arco costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 65.3% cheaper than the state average of
$1,240.
Can I afford Arco?
To live comfortably in Arco, Minnesota, a minimum annual income of
$11,520 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Arco?
The cost of living in Arco, MN is generally quite affordable. The median home value is around $112,900, and the median rent is just over $700 per month. Groceries, clothing, and other essentials are typically priced lower than the national average. Although there aren’t many jobs available in Arco, those that are tend to be relatively high paying. This makes it easier for residents to make ends meet and keep up with their bills. Overall, Arco is an excellent place to live if you’re looking for a low-cost lifestyle.