Housing costs in Solem?
A typical home costs
$293,500, which is 13.2% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Solem costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 42.5% more than the state average of
$1,240.
Can I afford Solem?
To live comfortably in Solem, Minnesota, a minimum annual income of
$56,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Solem?
Solem, MN is a small town in the midwest with an affordable cost of living. The median home price is $112,000, which is substantially lower than the national average. Rent prices are also quite reasonable and range from about $800-900 per month for a two bedroom apartment. Other costs like groceries, utilities, and transportation are all below the national average as well. Overall, residents of Solem can enjoy a comfortable life without breaking their budget.