Housing costs in Minneota?
A typical home costs
$155,600, which is 54.0% less expensive than the national average of
$338,100 and 49.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Minneota costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Minneota?
To live comfortably in Minneota, Minnesota, a minimum annual income of
$29,880 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Minneota?
The cost of living in Minneota, MN is quite reasonable compared to other cities. The median home value is around $102,800 which is lower than both the Minnesota state average and the national average, making it a great place to buy a home. Groceries are also inexpensive, with goods costing about 10% less than the national average. Transportation costs in Minneota are fairly low as well, with gas prices being slightly below the national average and public transportation being easily accessible. All-in-all, Minneota offers a great balance between affordability and quality of life for those looking for a new place to call home.