Housing costs in Credit River?
A typical home costs
$591,000, which is 74.8% more expensive than the national average of
$338,100 and 91.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Credit River costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 17.3% more than the state average of
$1,240.
Can I afford Credit River?
To live comfortably in Credit River, Minnesota, a minimum annual income of
$113,400 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Credit River?
The cost of living in Credit River, MN is quite reasonable. It is much lower than the national average, allowing residents to enjoy a higher quality of life without breaking the bank. The median household income in Credit River is approximately $74,000 and the median home value sits at around $232,800. Renting an apartment or house is also quite affordable with prices ranging from low to mid-level depending on size and location. Groceries, utilities, gas and other necessities are also quite reasonable when compared to other towns and cities nearby. All of this makes living in Credit River a great choice for those looking for more bang for their buck.