Housing costs in Canisteo?
A typical home costs
$400,700, which is 18.5% more expensive than the national average of
$338,100 and 29.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Canisteo 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 Canisteo?
To live comfortably in Canisteo, Minnesota, a minimum annual income of
$76,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Canisteo?
Canisteo, MN is known for its relatively low cost of living. According to BestPlaces, citizens spend an average of 16.79% less than the U.S. national average on basic goods and services such as groceries, transportation, and housing. The combined sales tax rate in Canisteo is 6.875%, which is lower than the national average of 7.37%. Furthermore, the median home value in Canisteo is $112,400 USD, which is significantly lower than the national median of $231,200 USD. With these factors considered, it's easy to see why Canisteo remains a popular destination for those seeking a lower cost of living experience.