Housing costs in Fountain?
A typical home costs
$257,500, which is 23.8% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fountain costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Fountain?
To live comfortably in Fountain, Minnesota, a minimum annual income of
$49,320 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Fountain?
The cost of living in Fountain, MN is slightly higher than the national average but still manageable. Food, housing, transportation, and utilities are all slightly more expensive than the median in the United States. That said, the rates are still considered moderate from a larger perspective. Basic goods and services come at a reasonable rate and the overall cost of living remains fairly low when compared to other areas in Minnesota or the Midwest. With some smart budgeting decisions, residents of Fountain can enjoy a good quality of life without spending too much money on their necessary expenses.