Housing costs in Sigel?
A typical home costs
$290,900, which is 14.0% less expensive than the national average of
$338,100 and 6.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Sigel costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,240.
Can I afford Sigel?
To live comfortably in Sigel, Minnesota, a minimum annual income of
$55,800 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Sigel?
The cost of living in Sigel, MN is quite reasonable. According to BestPlaces's 2020 Cost of Living Index, the city ranks 4% lower than the U.S. average and 26% lower than other large cities in the Midwest. Housing costs are particularly low with an average two-bedroom apartment renting for around $660 per month, making it a great option for those on a budget. Groceries, healthcare, and utilities are all comparably priced with the national average as well. All in all, the cost of living in Sigel makes this small Minnesota town an attractive option for those looking to save money without sacrificing quality of life.