Housing costs in The Ranch?
A typical home costs
$130,700, which is 61.3% less expensive than the national average of
$338,100 and 57.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in The Ranch costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford The Ranch?
To live comfortably in The Ranch, Minnesota, a minimum annual income of
$25,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about The Ranch?
The cost of living in The Ranch, MN is quite reasonable. Property values are stable, and the median home value is just above $200,000. Income taxes are low, and the sales tax rate is 6.875%. Groceries and health care costs are generally low when compared to other parts of the country. In addition, The Ranch has a wide variety of free or low-cost activities and attractions that make living there an attractive option for those on a budget.