Housing costs in East Grand Forks?
A typical home costs
$254,000, which is 24.9% less expensive than the national average of
$338,100 and 17.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in East Grand Forks costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford East Grand Forks?
To live comfortably in East Grand Forks, Minnesota, a minimum annual income of
$48,600 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about East Grand Forks?
East Grand Forks, MN is known for its low cost of living in comparison to other cities in the United States. According to a recent report from Sperling's Best Places, East Grand Forks has an overall cost of living index of 82.1 out of 100, which is lower than the national average. Housing costs are also very affordable with a median home price of just over $164,000 and median rental prices ranging from $700-900 per month. Food, transportation, and health care are all also relatively inexpensive compared to other areas of the United States. In general, East Grand Forks offers an excellent quality of life at an affordable price point.