Housing costs in Cannon Falls?
A typical home costs
$257,600, which is 23.8% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cannon Falls costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 4.2% cheaper than the state average of
$1,240.
Can I afford Cannon Falls?
To live comfortably in Cannon Falls, Minnesota, a minimum annual income of
$49,320 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Cannon Falls?
Cannon Falls, MN is an affordable place to live. The cost of living is significantly lower than the national average. This makes it an ideal location for those looking for a budget-friendly lifestyle. Housing costs are particularly low compared to other areas, with median rents averaging around $711 per month and median home prices at $192,500. Additionally, transportation costs remain low due to the availability of public transportation and shared rides. Furthermore, groceries and other necessary items remain inexpensive, making it easy for people to enjoy a comfortable lifestyle without breaking the bank.