Housing costs in McGregor?
A typical home costs
$226,100, which is 33.1% less expensive than the national average of
$338,100 and 26.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in McGregor costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford McGregor?
To live comfortably in McGregor, Minnesota, a minimum annual income of
$43,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about McGregor?
The cost of living in McGregor, MN is generally quite affordable. In comparison to other towns and cities in the area, prices for basic necessities such as groceries, gas, and housing are lower than average. Prices for rent and utilities are also lower than the national average which makes it an attractive option for those wanting to save money. The local economy is also strong, with a median household income that is slightly higher than the national average. All this combined with an abundance of recreational activities make McGregor, MN an excellent place to live and work.