Housing costs in Geneva?
A typical home costs
$174,900, which is 48.3% less expensive than the national average of
$338,100 and 43.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Geneva costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 40.9% cheaper than the state average of
$1,240.
Can I afford Geneva?
To live comfortably in Geneva, Minnesota, a minimum annual income of
$33,480 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Geneva?
Geneva, MN has a very affordable cost of living compared to other parts of the country. In fact, the median home price is around $162,100, which is lower than the national median home price of $231,200. The cost of living index in Geneva is 86.2, which means it is 13.8% cheaper than the national average. Additionally, groceries are 8% above average and utilities are 7% below average when compared to national averages. All these factors combine to make Geneva an affordable place to live and work in Minnesota.