Housing costs in Colvin?
A typical home costs
$179,300, which is 47.0% less expensive than the national average of
$338,100 and 42.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Colvin costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 29.2% more than the state average of
$1,240.
Can I afford Colvin?
To live comfortably in Colvin, Minnesota, a minimum annual income of
$34,200 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Colvin?
Living in Colvin, MN is quite affordable. The cost of living index is 8% lower than the national average, making it an attractive option for those looking to move to a new city. Rent is relatively low compared to other cities, with most apartments and homes costing between $600 and $1,000 per month. Transportation costs are also reasonable, as gas prices remain at or below the national average. Food and general expenses can be managed on a tight budget due to the abundance of local shops and amenities that offer competitive prices. Overall, Colvin is a great place to live without breaking the bank.