Housing costs in Parke?
A typical home costs
$402,900, which is 19.2% more expensive than the national average of
$338,100 and 30.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Parke costs
$900 per month, which is 37.1% more than the national average of
$1,430 and 37.8% more than the state average of
$1,240.
Can I afford Parke?
To live comfortably in Parke, Minnesota, a minimum annual income of
$77,040 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Parke?
The cost of living in Parke, MN is quite reasonable. The median household income is slightly below the national average at $48,213 and the median home value is around $120,300. The overall cost of living index for this town is about 94.7 which is slightly lower than the national average making it a great place to live for those looking to save some money while still enjoying life in a safe and comfortable community. Groceries, utilities, and other necessities are generally affordable with prices that are very competitive compared to larger cities nearby.