Housing costs in Granite Falls?
A typical home costs
$136,300, which is 59.7% less expensive than the national average of
$338,100 and 56.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Granite Falls costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Granite Falls?
To live comfortably in Granite Falls, Minnesota, a minimum annual income of
$26,280 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Granite Falls?
Granite Falls, MN is a great place to live, and its cost of living makes it especially attractive. The city offers affordable housing across all price ranges, with median home prices lower than the national average. Utilities are also quite reasonable, making Granite Falls an affordable place to call home. Groceries are reasonably priced as well, allowing residents to purchase fresh produce and other items without breaking their budget. In addition, the cost of transportation in Granite Falls is relatively low compared to nearby cities. All in all, the cost of living in Granite Falls is very attractive for people looking for a safe and cozy place to call home.