Housing costs in Fergus Falls township?
A typical home costs
$367,900, which is 8.8% more expensive than the national average of
$338,100 and 18.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fergus Falls township costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Fergus Falls township?
To live comfortably in Fergus Falls township, Minnesota, a minimum annual income of
$70,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Fergus Falls township?
The cost of living in Fergus Falls township, MN is quite reasonable. The median home value in the area is just over $150,000, and the estimated monthly cost of housing is around $1,200. This includes both rent and mortgage payments. The unemployment rate in the area is also low at 3%, making it a great place to live and work. Additionally, groceries and other household necessities are affordable for most people, with a typical grocery bill coming to approximately $400 per month. Overall, Fergus Falls township provides an affordable quality of life for its residents.