Housing costs in Luxemburg?
A typical home costs
$383,100, which is 13.3% more expensive than the national average of
$338,100 and 23.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Luxemburg costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Luxemburg?
To live comfortably in Luxemburg, Minnesota, a minimum annual income of
$73,440 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Luxemburg?
Luxemburg, MN is known for having an affordable cost of living. The median home value in the city is around $186,000, which is significantly lower than the national average of $226,800. Additionally, the cost of groceries, transportation, and utilities are all below the national averages. Furthermore, Luxemburg's unemployment rate is only 2.7%, making it an ideal location for job seekers looking to live in a thriving economy. All in all, Luxemburg offers great quality of life at an affordable price.