Housing costs in Vermillion township?
A typical home costs
$478,600, which is 41.6% more expensive than the national average of
$338,100 and 54.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Vermillion township costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,240.
Can I afford Vermillion township?
To live comfortably in Vermillion township, Minnesota, a minimum annual income of
$91,800 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Vermillion township?
The cost of living in Vermillion Township, MN is quite affordable. The median home price in the township is around $230,000, which is well below the national average. Renting a one-bedroom apartment averages about $800 per month, and groceries and other necessities are also relatively inexpensive. Additionally, with the low taxes and few fees associated with owning a home in Vermillion Township, residents enjoy significant savings when it comes to their monthly bills. All in all, living in this small town offers an excellent combination of affordability and convenience that make it a great place to call home.