Housing costs in Donaldson?
A typical home costs
$99,700, which is 70.5% less expensive than the national average of
$338,100 and 67.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Donaldson costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Donaldson?
To live comfortably in Donaldson, Minnesota, a minimum annual income of
$19,080 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Donaldson?
Donaldson, MN is a great place to live with an affordable cost of living. The median home price in Donaldson is just over $200,000, which is significantly lower than the national average. Additionally, the median household income is around $50,000 which allows for residents to meet their basic needs and still have money left over for extras or savings. Transportation costs are particularly low due to the city being accessible by both bus and rail networks. Grocery prices are also reasonable with many local stores offering competitive prices. All in all, Donaldson offers a great quality of life while being affordable enough for anyone to afford.