Housing costs in Castle Rock?
A typical home costs
$481,200, which is 42.3% more expensive than the national average of
$338,100 and 55.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Castle Rock costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 12.7% more than the state average of
$1,240.
Can I afford Castle Rock?
To live comfortably in Castle Rock, Minnesota, a minimum annual income of
$92,160 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Castle Rock?
The cost of living in Castle Rock, MN is generally quite affordable. Housing costs are low compared to the rest of the state, with an average rent for a three bedroom house at $847 per month. Groceries, utilities, and transportation are all similarly lower than other areas of Minnesota or the national average. The area is also known for its bargain-friendly restaurants and attractions like the Lake Zumbro Water Park. In addition, there are several tax incentives available to residents in Castle Rock that can help offset some of their living expenses. All in all, it's a great place for those who want to live comfortably on a budget.