Housing costs in Prinsburg?
A typical home costs
$182,200, which is 46.1% less expensive than the national average of
$338,100 and 41.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Prinsburg costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Prinsburg?
To live comfortably in Prinsburg, Minnesota, a minimum annual income of
$34,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Prinsburg?
Prinsburg is a small town in Central Minnesota with a population of only about 900 people. Despite its size, Prinsburg offers its residents an affordable cost of living. According to Best Places, the cost of living in Prinsburg is 8% lower than the national average, and housing costs are particularly low compared to other parts of the country. The median home value is just $117,500, making it very affordable for first-time homebuyers. Furthermore, other costs like groceries, health care, and transportation are also incredibly low when compared to larger cities. All of these factors combine to make Prinsburg one of the most affordable places to live in Minnesota.