Housing costs in Alexandria?
A typical home costs
$235,700, which is 30.3% less expensive than the national average of
$338,100 and 23.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alexandria 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 Alexandria?
To live comfortably in Alexandria, Minnesota, a minimum annual income of
$45,000 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Alexandria?
The cost of living in Alexandria, MN is relatively affordable compared to larger cities. The median home value is around $164,000 and the median rent is $764 per month. Groceries, healthcare costs and utilities are also lower than the national average. The area has a low unemployment rate at 3%, which helps contribute to a stable housing market and overall cost of living. It also has plenty of activities for everyone - outdoor recreation such as fishing, hunting, biking and hiking as well as local festivals and events. All of this makes Alexandria a great place for families or those who are looking for an affordable place to live with plenty to do.