Housing costs in Regal?
A typical home costs
$116,000, which is 65.7% less expensive than the national average of
$338,100 and 62.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Regal costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 37.8% cheaper than the state average of
$1,240.
Can I afford Regal?
To live comfortably in Regal, Minnesota, a minimum annual income of
$22,320 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Regal?
The cost of living in Regal, MN is relatively affordable compared to other parts of the state. The median home value in Regal is $180,000, and the median rent for a two-bedroom apartment is around $725 per month. Additionally, the overall cost of groceries and other living expenses tends to be slightly lower than the national average. All this makes Regal an attractive place to live for those looking for a moderate cost of living with plenty of amenities and recreational activities nearby.