Housing costs in Alden?
A typical home costs
$119,100, which is 64.8% less expensive than the national average of
$338,100 and 61.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alden costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Alden?
To live comfortably in Alden, Minnesota, a minimum annual income of
$22,680 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Alden?
The cost of living in Alden, MN is reasonably low compared to the national average. According to Sperling's Best Places, the overall cost of living index for Alden is 79.5, which is 21.5 points lower than the US average of 101. It also has one of the lowest housing costs compared to other small cities in Minnesota with a median home value of $90,964 and an average rent of just $580 per month. All in all, Alden is an affordable place to live for those looking for a small town atmosphere at a reasonable cost.