Housing costs in Biwabik township?
A typical home costs
$247,900, which is 26.7% less expensive than the national average of
$338,100 and 19.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Biwabik township costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Biwabik township?
To live comfortably in Biwabik township, Minnesota, a minimum annual income of
$47,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Biwabik township?
The cost of living in Biwabik township, MN is relatively low compared to other parts of the state. According to recent data from Sperling’s Best Places, the cost of living index for Biwabik is 81.8, which is 19.2 points lower than the national average of 100. Housing costs are especially low with a median rent of just $624 and a median home value of only $92,700. Additionally, groceries and healthcare costs are also below average. All this makes Biwabik an affordable place to live for anyone looking for an affordable lifestyle in Minnesota.