Housing costs in Milaca township?
A typical home costs
$298,700, which is 11.7% less expensive than the national average of
$338,100 and 3.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milaca township costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 11.7% cheaper than the state average of
$1,240.
Can I afford Milaca township?
To live comfortably in Milaca township, Minnesota, a minimum annual income of
$57,240 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Milaca township?
The cost of living in Milaca Township, MN is relatively low compared to the rest of the state. According to BestPlaces, the overall cost of living index in Milaca township is 76, which is 24% lower than the Minnesota average. Additionally, housing costs are quite affordable with median home prices coming in at approximately $131,000. This makes it a great option for those looking for a more affordable lifestyle. The tax rates are also lower than the state average which provides additional savings opportunities for residents and businesses alike. In short, Milaca Township offers an excellent quality of life at an affordable price.