Housing costs in Grant Valley?
A typical home costs
$266,200, which is 21.3% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Grant Valley costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 25.3% more than the state average of
$1,240.
Can I afford Grant Valley?
To live comfortably in Grant Valley, Minnesota, a minimum annual income of
$51,120 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Grant Valley?
The cost of living in Grant Valley, MN is relatively low compared to other areas. The average home price in Grant Valley is around $160,000, making it affordable for many people and families. The median household income in Grant Valley is also fairly low compared to the rest of the state at just over $50,000. Additionally, the unemployment rate is quite low at just 2.9%, meaning there are plenty of job opportunities for residents. With all that considered, it's easy to see why so many choose this area as a great place to live and raise a family at an affordable price.