Housing costs in Dakota?
A typical home costs
$238,000, which is 29.6% less expensive than the national average of
$338,100 and 23.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Dakota costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 39.3% cheaper than the state average of
$1,240.
Can I afford Dakota?
To live comfortably in Dakota, Minnesota, a minimum annual income of
$45,720 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Dakota?
The cost of living in Dakota, MN is quite affordable compared to other cities and towns in the region. The median household income is $52,837 which is slightly higher than the national average. Overall, groceries, healthcare services, and transportation costs are lower than average while housing costs a bit more. With an overall cost of living index of 94.7, Dakota offers a great quality of life without breaking your budget.