Housing costs in West Newton?
A typical home costs
$309,900, which is 8.3% less expensive than the national average of
$338,100 and 0.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in West Newton costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 22.8% cheaper than the state average of
$1,240.
Can I afford West Newton?
To live comfortably in West Newton, Minnesota, a minimum annual income of
$59,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about West Newton?
The cost of living in West Newton is generally considered to be quite affordable. The median home value in the area is $182,500, which is far lower than many other areas in the state and country. Additionally, the area has a low unemployment rate, meaning that residents are able to find steady employment with reasonable wages. The overall cost of living in West Newton is considered to be slightly below average when compared with national standards, making it an attractive option for those looking to live comfortably without breaking the bank.