Housing costs in Tyler?
A typical home costs
$98,900, which is 70.7% less expensive than the national average of
$338,100 and 68.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Tyler costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Tyler?
To live comfortably in Tyler, Minnesota, a minimum annual income of
$19,080 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Tyler?
The cost of living in Tyler, MN is relatively low compared to other cities. The median household income for the area is approximately $45,000, which matches the national average. The housing costs are also quite affordable as the median home value is slightly below $90,000 and rent prices are around $500 per month. Even though the cost of living is lower than other cities, there are some luxuries that can be enjoyed in Tyler. Groceries and eating out can be expensive, however there are a number of discounts available from local businesses that can help offset those costs. Shopping opportunities in town are plentiful and when combined with the small-town charm makes Tyler an attractive place to live.