Housing costs in Greenfield?
A typical home costs
$544,000, which is 60.9% more expensive than the national average of
$338,100 and 75.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Greenfield costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Greenfield?
To live comfortably in Greenfield, Minnesota, a minimum annual income of
$104,400 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Greenfield?
The cost of living in Greenfield, MN is slightly above the national average. Housing prices are relatively affordable with a median home value of approximately $165,000, and basic utilities such as electricity and water tend to be somewhat higher than the national average. Despite this, Greenfield remains a relatively affordable place to live and offers its residents plenty of opportunities to make ends meet. The median household income is around $55,000 per year, which is enough for most families to cover their expenses without having to worry about going into debt or struggling financially.