Housing costs in Columbus?
A typical home costs
$408,100, which is 20.7% more expensive than the national average of
$338,100 and 31.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Columbus costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$1,240.
Can I afford Columbus?
To live comfortably in Columbus, Minnesota, a minimum annual income of
$78,120 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Columbus?
Columbus, MN is known for its affordability. Despite being located in a state with one of the highest cost of living averages in the country, Columbus offers a more budget-friendly alternative. The median home price is just under $200,000, and the cost of living is nearly 6% lower than the national average. In addition to cheaper housing options, food and transportation costs are also quite low compared to other parts of Minnesota. This makes Columbus an attractive option for those looking for a high quality of life without breaking the bank.