Housing costs in Cedar Valley?
A typical home costs
$217,900, which is 35.6% less expensive than the national average of
$338,100 and 29.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cedar Valley costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 51.2% more than the state average of
$1,240.
Can I afford Cedar Valley?
To live comfortably in Cedar Valley, Minnesota, a minimum annual income of
$41,760 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Cedar Valley?
Cedar Valley, MN is an affordable place to live. The cost of living in Cedar Valley is 8.4 percent lower than the national average, making it one of the most affordable places to live in the United States. The median home price in Cedar Valley is only $147,000, which is significantly cheaper than the median home price of $185,000 across Minnesota as a whole. Utilities are also relatively inexpensive in Cedar Valley and groceries tend to be more affordable here than in other parts of the state. All things considered, Cedar Valley offers a high quality of life and a lower cost of living compared to many other places in Minnesota.