Housing costs in Granada?
A typical home costs
$238,100, which is 29.6% less expensive than the national average of
$338,100 and 23.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Granada costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 59.0% cheaper than the state average of
$1,240.
Can I afford Granada?
To live comfortably in Granada, Minnesota, a minimum annual income of
$45,720 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Granada?
The cost of living in Granada, MN is quite reasonable. Property taxes are low compared to other cities in the area, and the median home price is around $82,000; well below the average for Minnesota. Utilities are relatively inexpensive as well, with an average utility bill of approximately $151 per month. The overall cost of living index is 85.4, which makes it 13 percent lower than the U.S. average and one of the most affordable cities in Minnesota to live in.