Housing costs in Winsted township?
A typical home costs
$371,600, which is 9.9% more expensive than the national average of
$338,100 and 20.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Winsted township costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,240.
Can I afford Winsted township?
To live comfortably in Winsted township, Minnesota, a minimum annual income of
$71,280 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Winsted township?
The cost of living in Winsted township, MN is relatively affordable compared to other areas in the state. According to Sperling's Best Places, the cost of living index for Winsted township is 86, which is 14% lower than the national average. Housing costs in the area are also quite reasonable and can range from $69 per square foot up to $124 per square foot depending on the size and location of the property. Utilities tend to be relatively consistent with averages across Minnesota, with monthly services such as electricity and water costing around $100 for a typical household. Overall, Winsted township offers an affordable cost of living that makes it a great place to live or visit.