Housing costs in Cannon Falls township?
A typical home costs
$490,400, which is 45.0% more expensive than the national average of
$338,100 and 58.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cannon Falls township costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 4.2% cheaper than the state average of
$1,240.
Can I afford Cannon Falls township?
To live comfortably in Cannon Falls township, Minnesota, a minimum annual income of
$93,960 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Cannon Falls township?
The cost of living in Cannon Falls Township, MN is lower than the national average. According to BestPlaces.net, a city's cost of living index is based on a US average of 100, with anything below 100 representing a lower cost of living and anything above representing a higher cost of living. Cannon Falls Township's current index is 89.8, making it 11.2% lower than the national average. This makes Cannon Falls Township an ideal place for those looking for an affordable place to live or do business. In addition, the median home value in Cannon Falls Township is $196,400 as of April 2020 which is lower than both state and national averages.