Housing costs in Ramsey?
A typical home costs
$339,200, which is 0.3% more expensive than the national average of
$338,100 and 9.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ramsey costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 7.5% more than the state average of
$1,240.
Can I afford Ramsey?
To live comfortably in Ramsey, Minnesota, a minimum annual income of
$65,160 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Ramsey?
Ramsey, MN is a popular suburb of the Twin Cities area with a population of 25,000 people. The city offers a variety of housing options and living costs that are comparable to other suburbs in the area. The median home cost in Ramsey is $330,800, which is slightly higher than the national average but on par with similar metro areas. Rent rates in the city range from around $1,000 for a studio apartment to over $2,000 for larger apartments and homes. Utility costs are also relatively low in Ramsey compared to other areas in the Twin Cities. Additionally, taxes are significantly lower than neighboring cities and counties. All this contributes to Ramsey having an overall affordable cost of living for its residents.