Housing costs in Cleveland?
A typical home costs
$341,100, which is 0.9% more expensive than the national average of
$338,100 and 10.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cleveland costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,240.
Can I afford Cleveland?
To live comfortably in Cleveland, Minnesota, a minimum annual income of
$65,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cleveland?
The cost of living in Cleveland, MN is very affordable. According to a recent survey by Best Places, the overall cost of living index in Cleveland is 85.2 which is 15.8% lower than the national average. Additionally, housing costs are extremely reasonable with an average home price of $159,000 and median monthly rent of just $769. These low costs make it possible for families to save more of their income and maintain a comfortable lifestyle without breaking the bank. Overall, Cleveland provides residents with a great quality of life at an unbeatable price point.