Housing costs in Litchfield?
A typical home costs
$198,400, which is 41.3% less expensive than the national average of
$338,100 and 35.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Litchfield costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 37.8% cheaper than the state average of
$1,240.
Can I afford Litchfield?
To live comfortably in Litchfield, Minnesota, a minimum annual income of
$38,160 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Litchfield?
The cost of living in Litchfield, MN is quite reasonable. The median home price is $128,000, which is well below the national median home price of $219,700. Renters can expect to pay around $650 per month for a one-bedroom apartment. Groceries and other household expenses are also very affordable in Litchfield. The overall cost of living index in Litchfield is 81.7, which is lower than the national average of 100. This makes it a great place to live and work if you're looking for an affordable lifestyle.