Housing costs in Karlstad?
A typical home costs
$120,000, which is 64.5% less expensive than the national average of
$338,100 and 61.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Karlstad costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$1,240.
Can I afford Karlstad?
To live comfortably in Karlstad, Minnesota, a minimum annual income of
$23,040 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Karlstad?
Karlstad, MN is a small town with a cost of living that is significantly lower than the national average. Housing costs in the area are especially affordable, with an average home costing around $80,000. Other costs such as groceries and transportation are also relatively low, making it an ideal place for those looking to save money. Furthermore, taxes are quite low in Karlstad compared to other parts of the country. All these factors make Karlstad an attractive place for anyone looking for a place to live that won't break the bank.