Housing costs in Graceville?
A typical home costs
$118,500, which is 65.0% less expensive than the national average of
$338,100 and 61.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Graceville costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Graceville?
To live comfortably in Graceville, Minnesota, a minimum annual income of
$22,680 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Graceville?
The cost of living in Graceville, MN is quite affordable. Housing costs are very reasonable, with the median home cost sitting at around $141,000. Groceries and other necessities are also fairly inexpensive, making it an ideal place for those looking to stretch their dollar. There is no state income tax in Minnesota either, which can add even more financial benefit for those who choose to move here. Additionally, there are a variety of options available when it comes to transportation and entertainment that make living here even more desirable. All these factors considered, Graceville is an excellent option for those looking for a low-cost yet high-quality lifestyle.