Housing costs in Barnum?
A typical home costs
$225,800, which is 33.2% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Barnum costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,240.
Can I afford Barnum?
To live comfortably in Barnum, Minnesota, a minimum annual income of
$43,200 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Barnum?
The cost of living in Barnum, MN is quite reasonable compared to other places in the region. The area has a low unemployment rate, which helps keep costs down for essentials like groceries and fuel. Housing prices are also very competitive, and there are plenty of rental properties available if you’re looking for a more affordable option. Utility costs are also relatively low, making it easier to stick to a budget. With all this factored in, Barnum makes for an excellent home town with its friendly people and welcoming atmosphere.