Housing costs in New Auburn?
A typical home costs
$129,600, which is 61.7% less expensive than the national average of
$338,100 and 58.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in New Auburn 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 New Auburn?
To live comfortably in New Auburn, Minnesota, a minimum annual income of
$24,840 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about New Auburn?
The cost of living in New Auburn, MN is fairly low, with housing being the biggest factor. The median home price is around $112,000, making it an affordable place to live for people on a budget. Utilities and transportation costs are generally quite low as well, with the average monthly electricity bill costing only about $85 and gasoline typically costing around $2.50 per gallon. Overall, living in New Auburn can be quite affordable when compared to other cities in the state of Minnesota.