Housing costs in Farming?
A typical home costs
$438,700, which is 29.8% more expensive than the national average of
$338,100 and 41.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Farming costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 51.2% more than the state average of
$1,240.
Can I afford Farming?
To live comfortably in Farming, Minnesota, a minimum annual income of
$83,880 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Farming?
Farming, MN provides a relatively low cost of living compared to other areas in the United States. The median home price in the area is around $178,000, which is more affordable than nearby cities like Minneapolis and St. Paul. Rent prices can also be quite reasonable in Farming, with an average monthly rent of around $900 for a one-bedroom apartment. The area also has a low unemployment rate of just 3%, making it easier to find work. Additionally, groceries and other basic necessities are generally affordable when compared to larger cities in nearby states. All of these factors make Farming an attractive option for those looking for a smaller town with a lower cost of living than some of its neighbors.