Housing costs in Effington?
A typical home costs
$302,700, which is 10.5% less expensive than the national average of
$338,100 and 2.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Effington costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 39.3% more than the state average of
$1,240.
Can I afford Effington?
To live comfortably in Effington, Minnesota, a minimum annual income of
$57,960 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Effington?
The cost of living in Effington, MN is quite reasonable. The median household income is $62,164 per year, which is slightly higher than the national average. Renting a two-bedroom apartment is quite affordable at an average of $524 per month. Groceries are also reasonably priced, with the average cost for a basket of basic groceries coming in at just over $60. Furthermore, utilities such as electricity and natural gas are competitively priced. In general, the cost of living in Effington, MN is relatively low compared to many other areas within the United States, making it an attractive place for potential residents to consider when looking for a place to call home.