Housing costs in Hollywood?
A typical home costs
$415,100, which is 22.8% more expensive than the national average of
$338,100 and 34.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hollywood costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 8.1% more than the state average of
$1,240.
Can I afford Hollywood?
To live comfortably in Hollywood, Minnesota, a minimum annual income of
$79,560 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Hollywood?
Hollywood, MN has a relatively low cost of living when compared to other parts of the country. The median home value is $177,400 and the median rent price for a one-bedroom apartment is $868 per month. Additionally, the overall cost of goods and services in Hollywood, MN is slightly below the national average. Grocery prices tend to be significantly lower than in bigger cities, while fuel costs are also considerably lower than in larger cities. Overall, living in Hollywood can provide an affordable lifestyle that allows people to live comfortably without breaking their budget.