Housing costs in Richville?
A typical home costs
$351,700, which is 4.0% more expensive than the national average of
$338,100 and 13.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Richville costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Richville?
To live comfortably in Richville, Minnesota, a minimum annual income of
$67,320 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Richville?
The cost of living in Richville, MN is relatively low compared to other parts of the country. The median household income in Richville is about $51,000 per year, which is slightly lower than the national average. The median housing price for a home in Richville is about $179,000, which is also lower than the national average. Additionally, utilities and groceries are generally cheaper than average in Richville. Overall, this makes Richville an attractive option for those looking for a lower cost of living than many other parts of the country.