Housing costs in Northfield township?
A typical home costs
$497,700, which is 47.2% more expensive than the national average of
$338,100 and 60.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Northfield township costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 12.7% cheaper than the state average of
$1,240.
Can I afford Northfield township?
To live comfortably in Northfield township, Minnesota, a minimum annual income of
$95,400 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Northfield township?
The cost of living in Northfield township, MN is generally considered to be quite affordable compared to other parts of the country. The median home value is around $231,000 while the median rent price for a two bedroom apartment is just over $1,100. Groceries and other necessities are generally lower in cost than elsewhere as well, making it an attractive option for those looking for an affordable place to live. Additionally, with the city's proximity to Minneapolis and St. Paul further adding to its affordability, Northfield Township is a great choice for many looking for a more budget-friendly place to call home.