Housing costs in Fosston?
A typical home costs
$178,500, which is 47.2% less expensive than the national average of
$338,100 and 42.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fosston costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Fosston?
To live comfortably in Fosston, Minnesota, a minimum annual income of
$34,200 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Fosston?
The cost of living in Fosston, MN is relatively inexpensive compared to other areas in the country. The median home price is around $100,000, which is quite affordable. Renting a 1 bedroom apartment will typically cost around $700 a month. Groceries and other basic necessities are also fairly inexpensive. There are no sales taxes in Fosston so this helps with the overall cost of living as well. Utilities can be higher than average due to the cold winters but typically not more than 10 or 15 percent higher than the national average. In general, living in Fosston can be very affordable considering all that it has to offer its residents.