Housing costs in Foley?
A typical home costs
$216,500, which is 36.0% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Foley costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Foley?
To live comfortably in Foley, Minnesota, a minimum annual income of
$41,400 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Foley?
Foley, MN is a great place to live with a relatively low cost of living. The median home value in Foley is $152,103, which is significantly lower than the national average of $184,700. Additionally, the median rent in Foley is $769 per month compared to the US average of $949. Other typical expenses such as transportation and groceries are also more affordable in Foley compared to other parts of the country. This means that residents can enjoy a comfortable lifestyle at an economical price point - making it an ideal location for those looking to stretch their budget.