Housing costs in Milton?
A typical home costs
$467,300, which is 38.2% more expensive than the national average of
$338,100 and 51.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milton costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 8.8% cheaper than the state average of
$1,240.
Can I afford Milton?
To live comfortably in Milton, Minnesota, a minimum annual income of
$89,640 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Milton?
Milton, MN is known for its affordable cost of living. According to a study by Sperling's Best Places, the cost of living in Milton is 4% below the national average. This means that residents can expect to pay lower than average prices for common items like food and gas. Additionally, housing costs are significantly less expensive than the national median, with homes averaging around $177,000 compared with $223,000 nationally. Overall, Milton provides an attractive choice for those looking for a low-cost lifestyle with access to great amenities and services.