Housing costs in Oslo?
A typical home costs
$144,200, which is 57.3% less expensive than the national average of
$338,100 and 53.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Oslo costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$1,240.
Can I afford Oslo?
To live comfortably in Oslo, Minnesota, a minimum annual income of
$27,720 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Oslo?
Oslo, MN is a relatively affordable place to live. According to BestPlaces's Cost of Living Index, Oslo has an overall cost of living that is 5% lower than the U.S. average. The city also has a moderate housing market, with the median home price sitting at $167,000 and monthly rent for a one-bedroom apartment averaging around $636. Additionally, groceries are about 8% cheaper than in the U.S., while transportation costs are fairly low at 6% less than the national average. Overall, Oslo offers a good balance of affordability and quality of life for its residents.