Housing costs in Cherry Grove?
A typical home costs
$371,400, which is 9.8% more expensive than the national average of
$338,100 and 20.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cherry Grove costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 27.8% more than the state average of
$1,240.
Can I afford Cherry Grove?
To live comfortably in Cherry Grove, Minnesota, a minimum annual income of
$71,280 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Cherry Grove?
The cost of living in Cherry Grove, MN is quite reasonable. The median home costs around $150,000, which is lower than most other cities in the state. Rent prices are also slightly below average, making it an affordable place to live for people on a budget. Additionally, groceries and basic necessities are fairly priced so that no one has to worry about breaking the bank while stocking up on essentials. All in all, Cherry Grove is a great option for those looking for a more budget-friendly environment.