Housing costs in Corcoran?
A typical home costs
$516,200, which is 52.7% more expensive than the national average of
$338,100 and 66.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Corcoran costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 31.1% more than the state average of
$1,240.
Can I afford Corcoran?
To live comfortably in Corcoran, Minnesota, a minimum annual income of
$99,000 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Corcoran?
The cost of living in Corcoran, MN is quite reasonable. The overall cost of living index is slightly lower than the state average, with housing prices being particularly competitive. Renters can expect to find quality living situations at a relatively low expense, and homebuyers will also benefit from the lower-than-average home prices in the area. Groceries and other necessities are also fairly priced, so residents can enjoy their day-to-day life without breaking the bank. Overall, Corcoran provides its residents with a high quality of life at a very affordable price.