Housing costs in Sleepy Eye?
A typical home costs
$138,700, which is 59.0% less expensive than the national average of
$338,100 and 55.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Sleepy Eye costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$1,240.
Can I afford Sleepy Eye?
To live comfortably in Sleepy Eye, Minnesota, a minimum annual income of
$26,640 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Sleepy Eye?
The cost of living in Sleepy Eye, MN is relatively low compared to other cities in the United States. According to BestPlaces, the average cost of living in Sleepy Eye is 7.4% lower than the U.S. national average. The monthly expenses for an individual including rent, food, transportation and healthcare are estimated at approximately $1,826 per month which makes it an ideal place to live for those looking for a budget-friendly option. Additionally, housing prices in Sleepy Eye are significantly lower than other parts of Minnesota with the median home value sitting at around $158,000. This makes it easy and affordable for people looking to purchase a house or rent one from local landlords. All in all, Sleepy Eye can provide an excellent quality life to prospective residents without having to worry about breaking the bank in the process.