Housing costs in Sheldon?
A typical home costs
$372,700, which is 10.2% more expensive than the national average of
$338,100 and 20.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Sheldon costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 44.2% more than the state average of
$1,240.
Can I afford Sheldon?
To live comfortably in Sheldon, Minnesota, a minimum annual income of
$71,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Sheldon?
The cost of living in Sheldon, MN is relatively low compared to other parts of the state. The median home value is well below the national average, which makes it an attractive option for those looking for affordable housing. Utilities are also reasonably priced, so overall expenses can be kept to a minimum. For those looking for more than just basic necessities, there are plenty of shopping and dining options available at reasonable prices. All in all, Sheldon provides a great quality of life at a very reasonable cost of living.