Housing costs in Parkers Prairie?
A typical home costs
$157,100, which is 53.5% less expensive than the national average of
$338,100 and 49.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Parkers Prairie 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 Parkers Prairie?
To live comfortably in Parkers Prairie, Minnesota, a minimum annual income of
$30,240 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Parkers Prairie?
The cost of living in Parkers Prairie, MN is quite reasonable for a rural community. While the median home value is around $135,000, residents benefit from lower taxes and enjoy an overall lower cost of living than many more urban areas. Groceries and other everyday necessities are very affordable, and there are plenty of recreational activities that can be enjoyed at little or no cost. With its low unemployment rate and strong local economy, Parkers Prairie provides a safe and secure environment that makes it a desirable place to live.