Housing costs in Felton?
A typical home costs
$147,000, which is 56.5% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Felton costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 36.3% cheaper than the state average of
$1,240.
Can I afford Felton?
To live comfortably in Felton, Minnesota, a minimum annual income of
$28,080 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Felton?
The cost of living in Felton, MN is relatively low. The median home value is $129,500, which is much lower than the statewide median of $227,900. The median monthly rent in Felton is approximately $800, which is significantly lower than the state average of $1,200. Overall, housing costs are quite affordable in Felton and are a big draw for people looking for an inexpensive place to live. In addition to housing costs, food and services are generally reasonably priced as well. All in all, the cost of living in Felton makes it an attractive location for those who want a good quality of life without spending too much money.