Housing costs in Eureka?
A typical home costs
$491,800, which is 45.5% more expensive than the national average of
$338,100 and 58.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Eureka costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and 24.8% more than the state average of
$1,240.
Can I afford Eureka?
To live comfortably in Eureka, Minnesota, a minimum annual income of
$94,320 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Eureka?
The cost of living in Eureka, MN is relatively low compared to other parts of the country. The median home value is around $131,000, which is significantly lower than the national average of $200,000. Renters can find affordable living options here as well, with an average rent of approximately $800 per month for a two bedroom apartment. Utility costs are also lower than average due to the cold climate and abundance of natural resources in the area. Groceries and other goods are reasonably priced, and general day-to-day items can be purchased at prices that are slightly below average for the region. All in all, the cost of living in Eureka makes it an attractive option for those looking to move to a more affordable place without sacrificing quality of life.