Housing costs in Oronoco?
A typical home costs
$498,400, which is 47.4% more expensive than the national average of
$338,100 and 61.0% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Oronoco costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 21.5% more than the state average of
$1,240.
Can I afford Oronoco?
To live comfortably in Oronoco, Minnesota, a minimum annual income of
$95,400 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Oronoco?
The cost of living in Oronoco, MN is quite affordable. The median household income is around $70,000 which is slightly higher than the national average. Housing prices are much lower than the surrounding urban areas and property taxes are also very reasonable. The area has a variety of stores, restaurants, and services that make daily life easy and convenient for residents. Additionally, groceries tend to be less expensive here than in other parts of the state. All in all, Oronoco offers a great quality of life at an affordable price.