Housing costs in Garvin?
A typical home costs
$74,000, which is 78.1% less expensive than the national average of
$338,100 and 76.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Garvin costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 59.0% cheaper than the state average of
$1,240.
Can I afford Garvin?
To live comfortably in Garvin, Minnesota, a minimum annual income of
$14,040 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Garvin?
The cost of living in Garvin, MN is relatively affordable. The overall cost of living index for the city is 87, which is 13 points lower than the national average. Groceries, housing, utilities, transportation and health care are all significantly cheaper than the rest of the country. For example, a one-bedroom apartment in Garvin averages around $590 per month, while groceries are about 7% cheaper than the national average. Furthermore, there are no state income taxes in Minnesota, further reducing costs for residents of Garvin. In general, Garvin offers an affordable lifestyle for those looking to settle down and start a family or just enjoy a low cost-of-living without sacrificing quality service and amenities.