Housing costs in Kandiyohi?
A typical home costs
$209,600, which is 38.0% less expensive than the national average of
$338,100 and 32.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Kandiyohi costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Kandiyohi?
To live comfortably in Kandiyohi, Minnesota, a minimum annual income of
$40,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Kandiyohi?
The cost of living in Kandiyohi, MN is relatively affordable compared to other areas in the state. The median home value is around $129,000 which is lower than the overall state median of $211,800. Furthermore, the average cost of rent for a single-family home is around $795 per month and groceries are around 11% lower than other parts of Minnesota. Additionally, utilities costs are also generally lower than most other parts of the state due to an abundance of local energy options such as wind and solar energy. Overall, Kandiyohi offers a relatively low cost of living that attracts many residents and businesses alike.