Housing costs in Bagley?
A typical home costs
$172,500, which is 49.0% less expensive than the national average of
$338,100 and 44.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Bagley 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 Bagley?
To live comfortably in Bagley, Minnesota, a minimum annual income of
$33,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Bagley?
equestId:cc35ab8f-8cfa-4f87-8391-b551ab70cd00,resource:content,data:[{id:txt_1e68a4ea6da145e797e9b39d8e17d82d,text:\n \nThe cost of living in Bagley, MN is quite reasonable. According to Sperling's Best Places, the overall cost of living index for the city is 81.7, which is 19.3 points lower than the national average. Housing costs are especially low, with the median home value being just $67,700 and rental prices averaging around $595 per month. Taxes are also on the lower end; the state income tax rate is 5.35%, while the sales tax rate for Bagley is 6.875%. This, combined with an unemployment rate that remains below 5%, make Bagley a great place to live for those looking for an affordable place to call home.