Housing costs in Boyd?
A typical home costs
$221,800, which is 34.4% less expensive than the national average of
$338,100 and 28.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Boyd costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 57.0% cheaper than the state average of
$1,240.
Can I afford Boyd?
To live comfortably in Boyd, Minnesota, a minimum annual income of
$42,480 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Boyd?
The cost of living in Boyd, MN is very reasonable and affordable compared to other areas in the region. The median home price in Boyd, MN is around $107,800, which is significantly lower than the national average of $219,700. Utility costs are also quite low in this area, with electricity averaging around 8 cents per kWh and natural gas prices typically below $1.50 per therm. Overall, Boyd offers a very attractive balance between cost of living and quality of life.