Housing costs in Transit?
A typical home costs
$235,500, which is 30.3% less expensive than the national average of
$338,100 and 23.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Transit costs
$900 per month, which is 37.1% more than the national average of
$1,430 and 37.8% more than the state average of
$1,240.
Can I afford Transit?
To live comfortably in Transit, Minnesota, a minimum annual income of
$45,000 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Transit?
The cost of living in Transit, MN is quite affordable. The median home value is lower than the national average at $161,400 and the median household income is slightly higher than the national average at $64,872. The area has a low unemployment rate and a high job growth rate. Additionally, the cost of utilities and other living expenses are lower than the national averages. This makes Transit an ideal place to live for those looking to find an affordable place to settle down in.