Housing costs in Goodridge?
A typical home costs
$82,500, which is 75.6% less expensive than the national average of
$338,100 and 73.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Goodridge costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,240.
Can I afford Goodridge?
To live comfortably in Goodridge, Minnesota, a minimum annual income of
$15,840 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Goodridge?
The cost of living in Goodridge, MN is quite low compared to other areas in the state. The median home value in Goodridge is $124,000, which is well below the statewide median of $184,900. Groceries, healthcare and utilities all cost less than average in Goodridge. Additionally, the city has a very low unemployment rate of just 3.8%, making it an attractive place for people looking to find work and save money on their monthly costs. Taxes are also lower than average, with residents only paying 6.3% on income taxes- significantly lower than the national average of 14%. All these factors combine to make Goodridge an affordable and attractive option for people looking to move to Minnesota.