Housing costs in Austin township?
A typical home costs
$224,100, which is 33.7% less expensive than the national average of
$338,100 and 27.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Austin township costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 27.8% more than the state average of
$1,240.
Can I afford Austin township?
To live comfortably in Austin township, Minnesota, a minimum annual income of
$42,840 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Austin township?
The cost of living in Austin Township, MN is surprisingly affordable. According to the most recent data available, the cost of living index for the township is at 77.2, which is lower than the U.S. average of 100. Housing costs make up a large portion of overall living expenses and those in Austin Township have an advantage in that area due to its affordability; the median home value here is $142,800, significantly lower than the national median home value of $231,200. Beyond housing costs, groceries and healthcare are also reasonably priced in Austin Township with each costing between 7-9% less than their respective national averages. Residents can enjoy life here without worrying about excessively high living expenses.