Housing costs in Stanton?
A typical home costs
$418,200, which is 23.7% more expensive than the national average of
$338,100 and 35.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Stanton costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Stanton?
To live comfortably in Stanton, Minnesota, a minimum annual income of
$80,280 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Stanton?
The cost of living in Stanton, MN is quite reasonable. Property taxes are low and the overall cost of living is 8% below the national average. The median home value is $140,200, while the median rent price is $788. The unemployment rate in Stanton is 2.3%, which is significantly lower than the national average. There are affordable housing options available for all budgets and lifestyles, making Stanton a great place to live. In addition, groceries and other essentials are reasonably priced, allowing residents to stretch their dollars further.