Housing costs in Elysian?
A typical home costs
$360,900, which is 6.7% more expensive than the national average of
$338,100 and 16.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elysian costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 8.8% cheaper than the state average of
$1,240.
Can I afford Elysian?
To live comfortably in Elysian, Minnesota, a minimum annual income of
$69,120 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Elysian?
The cost of living in Elysian, MN is relatively low compared to other cities within the state. The average home price in Elysian is around $150,000, which is considerably less than the statewide median of $225,000. Similar to the home prices, utilities in Elysian are cheaper than most parts of Minnesota. On top of that, a large portion of the city is rural and agricultural land, which gives residents access to locally grown food at an affordable price. With all these factors taken into consideration, it's clear that the cost of living in Elysian is quite reasonable.