Housing costs in Olivia?
A typical home costs
$173,200, which is 48.8% less expensive than the national average of
$338,100 and 44.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Olivia costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Olivia?
To live comfortably in Olivia, Minnesota, a minimum annual income of
$33,120 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Olivia?
Living in Olivia, MN is relatively affordable compared to other cities in the area. The median house price in Olivia is just over $90,000 and the median household income is about $47,000. Renting is also very affordable with an average rent of just over $700 per month. Groceries and utilities are also quite reasonable, with groceries averaging around 10% of income and utilities costing about 6%. Overall, living in Olivia is a great option for those looking for a more affordable lifestyle without sacrificing quality of life.