Housing costs in St. Marys Point?
A typical home costs
$447,800, which is 32.4% more expensive than the national average of
$338,100 and 44.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Marys Point costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 13.9% more than the state average of
$1,240.
Can I afford St. Marys Point?
To live comfortably in St. Marys Point, Minnesota, a minimum annual income of
$85,680 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about St. Marys Point?
The cost of living in St. Marys Point, MN is fairly reasonable compared to other cities. Rent prices are very affordable, with one-bedroom apartments starting around $650 a month and two bedrooms for around $800. Groceries are also relatively inexpensive, with local stores offering quality food at affordable prices. Utilities like electricity, water, and gas are among the lowest in the state, helping to keep costs for those services low as well. In addition to the reasonable monthly expenses, St. Marys Point's taxes are also relatively low when compared to other areas of Minnesota. All in all, living in St. Marys Point can be quite economical and provide a great quality of life at an affordable cost.