Housing costs in Saratoga?
A typical home costs
$366,000, which is 8.3% more expensive than the national average of
$338,100 and 18.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Saratoga costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 20.4% cheaper than the state average of
$1,240.
Can I afford Saratoga?
To live comfortably in Saratoga, Minnesota, a minimum annual income of
$70,200 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Saratoga?
Saratoga, MN has an affordable cost of living compared to the national average. The estimated overall cost of living index is around 84, which is 16% lower than the U.S. average. Housing costs are particularly low in Saratoga, with median home prices averaging around $150,000 and rental rates for a two-bedroom apartment hovering near $900 per month. Transportation costs are also relatively low in Saratoga, with an average commute time of about 18 minutes and regular gas prices keeping car ownership within reach for most residents. In addition to these affordable costs, Saratoga also has a variety of activities and amenities that make it desirable for many people looking to relocate or buy a second home.