Housing costs in New Prague?
A typical home costs
$313,200, which is 7.4% less expensive than the national average of
$338,100 and 1.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in New Prague costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford New Prague?
To live comfortably in New Prague, Minnesota, a minimum annual income of
$60,120 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about New Prague?
The cost of living in New Prague, MN is relatively low compared to other parts of the country. The median home price in New Prague is around $215,000 and property taxes are lower than average. The cost of groceries and basic necessities are also quite affordable. Additionally, utilities are less expensive than the national average. The overall cost of living in New Prague is very competitive and allows residents to stretch their budget further.