Housing costs in Arrowhead?
A typical home costs
$244,000, which is 27.8% less expensive than the national average of
$338,100 and 21.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Arrowhead costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 8.8% cheaper than the state average of
$1,240.
Can I afford Arrowhead?
To live comfortably in Arrowhead, Minnesota, a minimum annual income of
$46,800 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Arrowhead?
The cost of living in Arrowhead, MN is relatively affordable. As one of the fastest growing cities in the Midwest, Arrowhead offers a variety of housing options at competitive prices. The average home price is approximately $250,000 and rents start at around $750 per month. Additionally, Arrowhead's low tax rates help keep costs low for goods and services. Overall, residents find that it is easy to live comfortably in Arrowhead without breaking the bank.