Housing costs in Douglas?
A typical home costs
$467,100, which is 38.2% more expensive than the national average of
$338,100 and 50.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Douglas costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Douglas?
To live comfortably in Douglas, Minnesota, a minimum annual income of
$89,640 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Douglas?
The cost of living in Douglas, MN is fairly reasonable. The overall cost of living index for the area is about 8% lower than the national average. Housing costs are particularly affordable, with a median home price of just over $127,000—well below the national median home price. Groceries and healthcare costs are also generally low when compared to other areas across the country. Douglas is a great place to live for people looking to make their money stretch further.