Housing costs in Pike?
A typical home costs
$202,500, which is 40.1% less expensive than the national average of
$338,100 and 34.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Pike costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 6.1% more than the state average of
$1,240.
Can I afford Pike?
To live comfortably in Pike, Minnesota, a minimum annual income of
$38,880 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Pike?
The cost of living in Pike, MN is very affordable. The median home value is just over $100,000, and the median household income is also quite low, at just over $38,000. Renters can find rental prices that average around $600 per month. Groceries and other goods are also relatively inexpensive in Pike, MN due to competition from nearby towns and cities. Other costs such as utilities and transportation are also relatively low compared to other cities of similar size in Minnesota. All these factors combine to make Pike a great place for those looking for an affordable lifestyle without sacrificing quality of life.