Housing costs in Newry?
A typical home costs
$314,700, which is 6.9% less expensive than the national average of
$338,100 and 1.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Newry costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 29.2% more than the state average of
$1,240.
Can I afford Newry?
To live comfortably in Newry, Minnesota, a minimum annual income of
$60,120 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Newry?
The cost of living in Newry, MN is relatively low. The median home cost in Newry is around $125,000, which is roughly 10 percent lower than the national median. Additionally, sales and property taxes are lower than average in Newry. This makes it a great place to live for those looking for an affordable lifestyle. Groceries and general merchandise items are generally cheaper in Newry compared to many other locations as well. Although housing costs may be slightly higher than other small cities, this is offset by the competitively priced goods and services found throughout the area. Overall, the cost of living in Newry is very reasonable and attractive for both families and individuals alike.