Housing costs in Ottawa?
A typical home costs
$263,800, which is 22.0% less expensive than the national average of
$338,100 and 14.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ottawa costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 40.9% more than the state average of
$1,240.
Can I afford Ottawa?
To live comfortably in Ottawa, Minnesota, a minimum annual income of
$50,400 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Ottawa?
Ottawa, MN is an affordable place to live. The cost of living is 13% lower than the United States average, making it a great choice for those looking for an affordable place to call home. The median home price in Ottawa, MN is $123,400 which is significantly less expensive than the national median of $266,000. Additionally, the median household income in Ottawa is $62,948 which gives residents more buying power when compared to other nearby cities. In terms of everyday expenses like groceries and utilities, Ottawa is considered low cost. With job opportunities available throughout the area and a low cost of living, Ottawa offers a quality lifestyle at an attainable price.