Housing costs in Wilkinson?
A typical home costs
$199,000, which is 41.1% less expensive than the national average of
$338,100 and 35.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wilkinson costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 39.3% more than the state average of
$1,240.
Can I afford Wilkinson?
To live comfortably in Wilkinson, Minnesota, a minimum annual income of
$38,160 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Wilkinson?
The cost of living in Wilkinson, MN is very affordable. The median home price is around $117,000, which is significantly lower than the national median of $184,700. Groceries and other essentials are also relatively inexpensive compared to other parts of the country. Additionally, residents benefit from a low sales tax rate of 7.5%, as well as no income tax on Social Security benefits or pension payments, making it an attractive location for retirees. All in all, the cost of living in Wilkinson makes it an ideal place to call home.