Housing costs in Ceylon?
A typical home costs
$109,500, which is 67.6% less expensive than the national average of
$338,100 and 64.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ceylon costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 67.6% cheaper than the state average of
$1,240.
Can I afford Ceylon?
To live comfortably in Ceylon, Minnesota, a minimum annual income of
$20,880 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Ceylon?
The cost of living in Ceylon, MN is very affordable. According to the US Census Bureau, the median household income for Ceylon is $45,719 and the median home value is just $97,700. This makes Ceylon an ideal place for those looking for a budget-friendly lifestyle without sacrificing quality of life. The area is also incredibly safe with a low crime rate and plenty of amenities and recreational activities to enjoy. The low property values also make it easier for people to purchase or rent homes without having to worry about breaking their budget.