Housing costs in Wabasha?
A typical home costs
$229,000, which is 32.3% less expensive than the national average of
$338,100 and 26.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wabasha costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Wabasha?
To live comfortably in Wabasha, Minnesota, a minimum annual income of
$43,920 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Wabasha?
The cost of living in Wabasha, MN is relatively affordable and can be considered a bargain for those looking to settle down in a small town. The median home price is around $130,000, which is roughly 10% lower than the rest of the United States. Additionally, the average grocery bill in Wabasha is about 15% lower than the national average, and utility bills tend to be slightly lower as well. In terms of taxes, Wabasha has a 6.875% sales tax rate and a property tax rate of only 0.9%. Overall, living in Wabasha can provide an excellent quality of life without breaking the bank.