Housing costs in St. Joseph?
A typical home costs
$193,300, which is 42.8% less expensive than the national average of
$338,100 and 37.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Joseph costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,240.
Can I afford St. Joseph?
To live comfortably in St. Joseph, Minnesota, a minimum annual income of
$37,080 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about St. Joseph?
The cost of living in St. Joseph, MN is quite reasonable. Renters will find that rent for a one bedroom apartment averages around $750 a month, while the average home price is around $220,000. The cost of basic necessities such as groceries and healthcare are in line with the national average. Additionally, utility costs are lower than other parts of the country due to the abundance of natural resources like wind power and hydroelectricity. All of these factors combine to make St. Joseph an affordable place to live and invest in your future.