Housing costs in Minster?
A typical home costs
$262,000, which is 22.5% less expensive than the national average of
$338,100 and 33.0% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Minster costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 27.3% cheaper than the state average of
$980.
Can I afford Minster?
To live comfortably in Minster, Ohio, a minimum annual income of
$50,040 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Minster?
The cost of living in Minster, OH is slightly lower than the national average. According to BestPlaces.net, the cost of goods and services are 8% below the US average. This makes the town an attractive place to live for those on a budget who would like to save on their monthly expenses. Housing costs in particular are relatively low, with a median home value of $134,000 compared to the US median home value of $231,200. Other costs such as groceries and utilities also tend to be cheaper than in other parts of the country, allowing people to spend more of their money on other items or activities they enjoy.