Housing costs in Blomkest?
A typical home costs
$161,900, which is 52.1% less expensive than the national average of
$338,100 and 47.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Blomkest costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Blomkest?
To live comfortably in Blomkest, Minnesota, a minimum annual income of
$30,960 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Blomkest?
The cost of living in Blomkest, MN is relatively low compared to other areas of the country. According to BestPlaces.net, the overall cost of living index for this area is 83.2, which is 17% lower than the U.S. national average. This means that residents of Blomkest can expect to pay less for housing, groceries, healthcare and other basics than people living in more expensive parts of the country. Furthermore, Blomkest's median household income is slightly higher than the national average at $72,120 a year; this suggests that residents are able to get more bang for their buck when it comes to everyday items as well as larger investments like homes and cars.