Housing costs in Barrett?
A typical home costs
$225,900, which is 33.2% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Barrett costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Barrett?
To live comfortably in Barrett, Minnesota, a minimum annual income of
$43,200 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Barrett?
The cost of living in Barrett, MN is surprisingly affordable considering its location near popular tourist attractions like Lake Superior. Prices for basic necessities such as groceries and housing are generally lower than the U.S. average, with a median home price below $100,000. Utilities such as electricity and water are also reasonably priced compared to other areas of the state. Barrett residents benefit from having access to both low-cost goods and services as well as the area's many outdoor recreational opportunities without facing exorbitant costs.