Housing costs in Myrtle?
A typical home costs
$67,700, which is 80.0% less expensive than the national average of
$338,100 and 78.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Myrtle 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 Myrtle?
To live comfortably in Myrtle, Minnesota, a minimum annual income of
$12,960 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Myrtle?
The cost of living in Myrtle, MN is quite reasonable, especially compared to other parts of the state. The median home value is around $155,000, which is far lower than many other towns and cities. Rent prices are also very affordable, with a one-bedroom apartment costing an average of just $602 per month. This makes it a great place for families or young professionals looking for an affordable place to live. Additionally, the overall cost of goods and services is much lower than in larger neighboring cities like St. Paul and Minneapolis. All in all, Myrtle offers an excellent quality of life at a price that won't break the bank.