Housing costs in Holloway?
A typical home costs
$259,900, which is 23.1% less expensive than the national average of
$338,100 and 16.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Holloway costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Holloway?
To live comfortably in Holloway, Minnesota, a minimum annual income of
$49,680 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Holloway?
Holloway, MN boasts a relatively low cost of living compared to other cities in the country. The city generally has low overall prices for rent and groceries, and utilities remain reasonable due to its location in a region with ample natural resources. It is possible to comfortably live in Holloway without breaking the bank. According to data from BestPlaces, the total cost of living in Holloway is approximately 6% lower than the national average, making it an attractive option for those looking to save money while still enjoying all of the amenities that come with living in a small town.