Housing costs in Collins?
A typical home costs
$369,800, which is 9.4% more expensive than the national average of
$338,100 and 19.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Collins costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Collins?
To live comfortably in Collins, Minnesota, a minimum annual income of
$70,920 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Collins?
The cost of living in Collins, MN is quite affordable. Housing costs are relatively low compared to most other cities and towns in Minnesota, and the cost of food and other basic necessities is also fairly inexpensive. There are also some great deals on recreational activities, such as skiing and ice-skating that make it a great place to live. The city is also home to a variety of restaurants that serve various types of cuisine, making dining out an enjoyable experience. All in all, Collins, MN provides its residents with an excellent quality of life at a very reasonable cost.