Housing costs in Nicollet?
A typical home costs
$278,700, which is 17.6% less expensive than the national average of
$338,100 and 10.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Nicollet costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 39.3% cheaper than the state average of
$1,240.
Can I afford Nicollet?
To live comfortably in Nicollet, Minnesota, a minimum annual income of
$53,280 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Nicollet?
The cost of living in Nicollet, MN is relatively low compared to the rest of the state. The median home price is around $127,000, which is far below the national median of $220,000. Renters can find a two-bedroom apartment for about $650 per month and utilities are also generally affordable. Groceries are also fairly inexpensive in Nicollet with a basic grocery bill for a family of four estimated at around $570 per month. Additionally, gas prices are typically only slightly higher than the national average. All in all, living in Nicollet can be quite affordable for most people.