Housing costs in Greenwood?
A typical home costs
$1,363,900, which is 303.4% more expensive than the national average of
$338,100 and 340.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Greenwood costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$1,240.
Can I afford Greenwood?
To live comfortably in Greenwood, Minnesota, a minimum annual income of
$261,360 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in Greenwood, MN is relatively low compared to the national average. The median home cost in the area is just over $118,000 and the average rent rate is approximately $819. Other costs such as food, entertainment and transportation are also very affordable. The overall cost of living in Greenwood, MN is 7% lower than the national average which makes it an ideal place for people looking to save money while still enjoying all the benefits of city life.