Housing costs in Nerstrand?
A typical home costs
$360,600, which is 6.7% more expensive than the national average of
$338,100 and 16.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Nerstrand costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Nerstrand?
To live comfortably in Nerstrand, Minnesota, a minimum annual income of
$69,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Nerstrand?
The cost of living in Nerstrand, MN is generally quite affordable when compared to the national average. Housing costs are significantly lower than the national average, with a median home value in Nerstrand sitting at around $181,100. This makes it one of the more affordable places to live in the Midwest. Goods and services are also cheaper than the national average. Additionally, utility costs are low due to the area’s climate, creating even more savings for residents. These factors make Nerstrand an ideal place for those looking for a cost-effective place to live.