Housing costs in Northome?
A typical home costs
$169,100, which is 50.0% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Northome costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Northome?
To live comfortably in Northome, Minnesota, a minimum annual income of
$32,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Northome?
The cost of living in Northome, MN is quite affordable. The overall cost of living index is 8.5% lower than the national average, making it a great location for those looking to save money without sacrificing quality of life. Property taxes are low, and housing costs remain relatively inexpensive due to the rural nature of the town. Groceries, utilities, and healthcare are all reasonably priced as well. All in all, Northome offers a good balance between affordability and convenience for those looking to settle in the area.