Housing costs in Nelson?
A typical home costs
$226,700, which is 32.9% less expensive than the national average of
$338,100 and 26.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Nelson costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 40.9% cheaper than the state average of
$1,240.
Can I afford Nelson?
To live comfortably in Nelson, Minnesota, a minimum annual income of
$43,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Nelson?
Nelson, MN is an affordable place to live due to its low cost of living. The cost of housing is much lower than the national average and utilities are also considered inexpensive. Food costs are reasonable as well. Overall, Nelson is a great choice for those looking for an affordable place to live. There are plenty of recreational activities available in the area and there are plenty of job opportunities as well.