Housing costs in Fulda?
A typical home costs
$135,400, which is 60.0% less expensive than the national average of
$338,100 and 56.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fulda costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Fulda?
To live comfortably in Fulda, Minnesota, a minimum annual income of
$25,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Fulda?
The cost of living in Fulda, MN is quite reasonable. Rental prices are lower than the national average and many other cities in Minnesota. The median home value is below $110,000 which makes it a great option for those looking to buy a home on a budget. The unemployment rate is only 3.6%, making it easier to find employment in this small town. Groceries are also affordable, with an overall grocery index being lower than the national average. All in all, Fulda provides residents with an affordable housing market and a low cost of living that make it an attractive option for individuals and families who are looking to move away from more expensive areas.