Housing costs in Split Rock?
A typical home costs
$267,900, which is 20.8% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Split Rock costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 13.8% cheaper than the state average of
$1,240.
Can I afford Split Rock?
To live comfortably in Split Rock, Minnesota, a minimum annual income of
$51,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Split Rock?
The cost of living in Split Rock, MN is quite reasonable. Housing costs are lower than the national average, with the median home price being around $185,000. Utilities such as gas and electricity are also on the more affordable side compared to other places in Minnesota. Food options are plentiful and there is an abundance of local shops and restaurants offering great deals on food and other goods. The overall cost of living in this area is quite reasonable for those who want to live within a small-town atmosphere while still having access to larger cities nearby.