Housing costs in Stockholm?
A typical home costs
$415,700, which is 23.0% more expensive than the national average of
$338,100 and 34.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Stockholm costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 2.5% cheaper than the state average of
$1,240.
Can I afford Stockholm?
To live comfortably in Stockholm, Minnesota, a minimum annual income of
$79,560 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Stockholm?
The cost of living in Stockholm, MN is relatively low compared to other cities in the US. According to BestPlaces, the city's cost of living index is just 69.87 (compared to 100 for a more expensive city like New York City). This index measures the cost of housing, groceries, transportation, health care, and other basic necessities. As such, it provides a great opportunity for those looking to save money while still enjoying all that this beautiful city has to offer. With its picturesque views of Lake Pepin and access to local shops and restaurants, Stockholm offers a great value when considering its affordability.