Housing costs in Utica?
A typical home costs
$323,900, which is 4.2% less expensive than the national average of
$338,100 and 4.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Utica costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$1,240.
Can I afford Utica?
To live comfortably in Utica, Minnesota, a minimum annual income of
$61,920 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Utica?
The cost of living in Utica, MN is fairly reasonable. The median home value in the city is around $145,000 which is below the national average. Additionally, basic utilities such as electricity and water are reasonably priced. Groceries, clothing, transportation, and entertainment costs are also on par with the regional averages. All in all, Utica offers a great quality of life at an affordable price point.