Housing costs in Victoria?
A typical home costs
$522,900, which is 54.7% more expensive than the national average of
$338,100 and 68.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Victoria costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$1,240.
Can I afford Victoria?
To live comfortably in Victoria, Minnesota, a minimum annual income of
$100,080 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Victoria?
Victoria, MN has an affordable cost of living compared to the national average. The overall cost of living index is 85.5, which is 15.5 percent lower than the U.S. average. Housing costs make up a significant portion of the cost of living in Victoria, with an index at 77.7, which is 22.3 percent lower than the national average. Groceries and utilities are both slightly below the U.S. average at 96 and 97 respectively, while health care costs in Victoria are slightly higher at 103 versus the national average of 100. All in all, Victoria offers residents a very reasonable cost of living for those looking to settle down in this small town with rural charm and lots of nearby amenities and recreation opportunities nearby as well.