Housing costs in Falcon Heights?
A typical home costs
$372,700, which is 10.2% more expensive than the national average of
$338,100 and 20.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Falcon Heights costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 12.1% more than the state average of
$1,240.
Can I afford Falcon Heights?
To live comfortably in Falcon Heights, Minnesota, a minimum annual income of
$71,280 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Falcon Heights?
The cost of living in Falcon Heights, MN is quite reasonable compared to other parts of the state. The median home price in Falcon Heights is $231,400, which is significantly lower than other nearby cities and towns. Additionally, food costs and transportation costs are relatively low, making it an attractive place for those looking for a more affordable lifestyle. Utility costs are also slightly lower than the national average. All in all, Falcon Heights provides a good balance between affordability and quality of life.