Housing costs in Winthrop?
A typical home costs
$195,900, which is 42.1% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Winthrop costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 39.3% cheaper than the state average of
$1,240.
Can I afford Winthrop?
To live comfortably in Winthrop, Minnesota, a minimum annual income of
$37,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Winthrop?
The cost of living in Winthrop, MN is relatively low compared to other parts of the country. The median home value in Winthrop is around $116,000, which is lower than both the national and state averages. Additionally, the cost of food and utilities are also comparatively lower than larger cities. This makes Winthrop an attractive place to settle for those who may not have the same kind of resources or means as others. All in all, with its low cost of living and friendly atmosphere, Winthrop offers a great place for families and individuals alike to live comfortably without breaking the bank.