Housing costs in Freeport?
A typical home costs
$323,200, which is 4.4% less expensive than the national average of
$338,100 and 4.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Freeport costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,240.
Can I afford Freeport?
To live comfortably in Freeport, Minnesota, a minimum annual income of
$61,920 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Freeport?
The cost of living in Freeport, MN is quite reasonable. The median home value is below the national average, and rental prices are also well below the national average. In addition, groceries and utilities tend to be cheaper than in other areas, meaning that residents have more money to spend on other items like entertainment or travel. Furthermore, transportation costs are relatively low due to the town's proximity to larger cities like St. Cloud and Minneapolis, so it's easy for residents to take advantage of job opportunities or cultural events without breaking the bank. All this makes Freeport an attractive option for those looking for a reasonably priced place to live.