Housing costs in Barnum township?
A typical home costs
$230,400, which is 31.9% less expensive than the national average of
$338,100 and 25.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Barnum township costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 19.2% cheaper than the state average of
$1,240.
Can I afford Barnum township?
To live comfortably in Barnum township, Minnesota, a minimum annual income of
$44,280 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Barnum township?
The cost of living in Barnum township, MN is generally considered to be reasonable. Goods and services are priced at competitive levels compared to other nearby communities. The median household income in Barnum township is slightly below the national average, but still high enough that it provides a comfortable standard of living for most residents. Additionally, housing costs remain relatively low due to a variety of factors such as the availability of land, moderate climate, and proximity to larger cities like Duluth. All these factors combine to make Barnum township an attractive place to live for many people looking for an affordable lifestyle.