Housing costs in Savage?
A typical home costs
$392,700, which is 16.1% more expensive than the national average of
$338,100 and 26.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Savage costs
$1,600 per month, which is 11.9% more than the national average of
$1,430 and 22.5% more than the state average of
$1,240.
Can I afford Savage?
To live comfortably in Savage, Minnesota, a minimum annual income of
$75,240 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Savage?
The cost of living in Savage, MN is very reasonable. Housing costs are significantly lower than the national average and the cost of groceries is also relatively low. Property taxes are among the lowest in the state while local sales taxes are slightly higher than the state average. Overall, Savage is an affordable place to live, offering a great quality of life on a budget.