Housing costs in Mendota?
A typical home costs
$314,800, which is 6.9% less expensive than the national average of
$338,100 and 1.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mendota costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,240.
Can I afford Mendota?
To live comfortably in Mendota, Minnesota, a minimum annual income of
$60,480 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Mendota?
The cost of living in Mendota, MN is very affordable. According to the latest estimates, the overall cost of living index for Mendota is 79.9, which is significantly lower than the national average of 100. The housing market in Mendota is especially affordable with a median home price of $106,800, and the median rent price at $868 per month. Additionally, transportation costs are also relatively low compared to other parts of Minnesota since most people drive or use public transport rather than relying on taxis or ride sharing services. Consequently, this makes Mendota an attractive area for those who want to live comfortably without breaking their budget.