Housing costs in Ormsby?
A typical home costs
$282,000, which is 16.6% less expensive than the national average of
$338,100 and 8.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ormsby 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 Ormsby?
To live comfortably in Ormsby, Minnesota, a minimum annual income of
$54,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Ormsby?
Ormsby, MN is a great place to live with a low cost of living. The median home cost in Ormsby is $122,500 which is significantly lower than the national average of $231,200. Additionally, the median household income in Ormsby is approximately $38,384 which is slightly below the national average of $61,937. The cost of groceries and other necessities are also very reasonable compared to other areas. The overall cost of living in Ormsby makes it an ideal location for those looking to save money while still enjoying a comfortable lifestyle.