Housing costs in New London township?
A typical home costs
$359,000, which is 6.2% more expensive than the national average of
$338,100 and 16.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in New London township costs
$770 per month, which is 46.2% more than the national average of
$1,430 and 61.0% more than the state average of
$1,240.
Can I afford New London township?
To live comfortably in New London township, Minnesota, a minimum annual income of
$68,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about New London township?
New London Township is a relatively affordable place to live, with median home prices well below the national average. The cost of living in this area is estimated to be 6% lower than the U.S. average and there are many ways for families to stretch their dollars further. Groceries, utilities, and healthcare tend to be slightly cheaper in New London Township compared to any other areas in Minnesota. Additionally, there are plenty of jobs available within commuting distance for those looking for employment opportunities in the area. Overall, New London Township provides an ideal balance of affordability and quality of life, making it one of the most desirable places to live in Minnesota.