Housing costs in Minneola?
A typical home costs
$416,800, which is 23.3% more expensive than the national average of
$338,100 and 34.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Minneola costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 51.2% more than the state average of
$1,240.
Can I afford Minneola?
To live comfortably in Minneola, Minnesota, a minimum annual income of
$79,920 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Minneola?
The cost of living in Minneola, MN is relatively low compared to other parts of the country. According to Sperling's Best Places, groceries and healthcare costs are two percent below the national average. Furthermore, housing costs are 18 percent lower than the national average, which makes it an attractive place for people looking for a more affordable lifestyle. The median home value in Minneola is around $170,000 and the median rent is $900 per month. This means that residents of Minneola can enjoy a comfortable lifestyle at an affordable rate. In addition, the overall tax rates tend to be lower than most of the nation, making it even more attractive for those who want to save money on their living expenses.