Housing costs in Elmdale?
A typical home costs
$256,500, which is 24.1% less expensive than the national average of
$338,100 and 17.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elmdale costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,240.
Can I afford Elmdale?
To live comfortably in Elmdale, Minnesota, a minimum annual income of
$49,320 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elmdale?
Elmdale, MN is a small town located in the Midwestern United States. The cost of living in Elmdale is relatively low compared to other towns in the area. Housing costs are reasonable, with average rent for a two bedroom apartment coming in at around $700 per month. Grocery prices are also quite reasonable, making it possible for residents to save money on food costs. Transportation is also affordable, with public transportation available to most areas of town. Overall, Elmdale offers an affordable cost of living option that can be suitable for many types of budgets.