Housing costs in Chatfield?
A typical home costs
$294,900, which is 12.8% less expensive than the national average of
$338,100 and 4.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Chatfield costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,240.
Can I afford Chatfield?
To live comfortably in Chatfield, Minnesota, a minimum annual income of
$56,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Chatfield?
Chatfield, MN is known for its low cost of living and affordable housing. The median home price in Chatfield is $182,000, which is substantially lower than the national average. The overall cost of living index in Chatfield is 82.8, which is 18.2% lower than the national average. This means that it's generally cheaper to live in Chatfield compared to other places across the country. Groceries, utilities, and healthcare are all significantly cheaper in Chatfield as well. Residents can also enjoy a relatively low sales tax rate of 6.875%. All these factors combined make Chatfield an attractive place to live for those looking to save money on everyday expenses while still enjoying a high quality of life.