Housing costs in West Albany?
A typical home costs
$331,600, which is 1.9% less expensive than the national average of
$338,100 and 7.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in West Albany costs
$930 per month, which is 35.0% more than the national average of
$1,430 and 33.3% more than the state average of
$1,240.
Can I afford West Albany?
To live comfortably in West Albany, Minnesota, a minimum annual income of
$63,360 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about West Albany?
West Albany, MN is a great place to live due to its low cost of living. The median home value in West Albany is just over $200,000, which is significantly lower than the state average of $214,800. In addition, the cost of living index in West Albany stands at 91.2, which is 9% lower than the national average. Residents enjoy affordable healthcare costs and eating out expenses; both have been reported to be 10-15% lower than the national average. Additionally, transportation operating costs are also low when compared to other areas in Minnesota. All of these factors make West Albany an attractive place for those looking for a place to call home without breaking their budget!