Housing costs in Holyoke?
A typical home costs
$223,800, which is 33.8% less expensive than the national average of
$338,100 and 27.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Holyoke costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$1,240.
Can I afford Holyoke?
To live comfortably in Holyoke, Minnesota, a minimum annual income of
$42,840 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Holyoke?
The cost of living in Holyoke, MN is quite affordable. According to BestPlaces, the cost of living index for the city is only 62.6, which is significantly lower than the US average of 100. This means that basic goods and services are relatively inexpensive compared to other cities in the country. Rent in Holyoke is very reasonable, with an average one-bedroom apartment costing around $561 per month. Food costs are also low; groceries and restaurants are generally inexpensive. Transportation costs are also quite affordable, with gasoline prices being about 15% lower than the national average. Those looking for a low-cost place to live should definitely consider Holyoke as an option.