Housing costs in Underwood?
A typical home costs
$295,300, which is 12.7% less expensive than the national average of
$338,100 and 4.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Underwood costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Underwood?
To live comfortably in Underwood, Minnesota, a minimum annual income of
$56,520 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Underwood?
Underwood, MN is an affordable place to live with a low cost of living. The median home value in the town is $127,500, which is nearly 20% lower than the national average. Additionally, groceries and health care costs are also below the national average. Gas prices are also relatively low compared to other cities in Minnesota. All of these factors come together to create an affordable place to live for people who want to call Underwood home.