Housing costs in Rich Valley?
A typical home costs
$373,900, which is 10.6% more expensive than the national average of
$338,100 and 20.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Rich Valley costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 31.9% more than the state average of
$1,240.
Can I afford Rich Valley?
To live comfortably in Rich Valley, Minnesota, a minimum annual income of
$71,640 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rich Valley?
The cost of living in Rich Valley, MN is relatively low compared to other parts of the United States. Housing prices in particular are very affordable, with an average two bedroom apartment costing around $750 a month. Groceries and other basic necessities are also quite cheap in Rich Valley since there are numerous stores selling discounted and bulk items. In addition, transportation costs are quite low as public transportation is widely available. All in all, residents of Rich Valley can enjoy a high quality of life at an affordable price.