Housing costs in Cottage Grove?
A typical home costs
$360,300, which is 6.6% more expensive than the national average of
$338,100 and 16.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cottage Grove costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 25.3% more than the state average of
$1,240.
Can I afford Cottage Grove?
To live comfortably in Cottage Grove, Minnesota, a minimum annual income of
$69,120 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Cottage Grove?
Cottage Grove, MN has a cost of living that is slightly lower than the national average. The overall cost of essential items such as groceries, healthcare, transportation, and housing are all moderately priced and accessible for families with varying incomes. Additionally, the city has kept taxes low as to not burden their citizens financially. This makes Cottage Grove an attractive option for those looking to settle in a new city without breaking the bank.