Housing costs in Erskine?
A typical home costs
$248,500, which is 26.5% less expensive than the national average of
$338,100 and 19.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Erskine costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Erskine?
To live comfortably in Erskine, Minnesota, a minimum annual income of
$47,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Erskine?
Living in Erskine, MN can be quite affordable, given its rural nature. Home prices are relatively low compared to other nearby cities and towns, with an average listing price of $93,000. The cost of living in Erskine is lower than the national average by 15%. Utilities cost slightly above the national average but are still reasonable. The median household income is approximately $41,338, which is close to the state median and more than enough to live comfortably in Erskine. In general, life in Erskine is quite affordable for those looking for a quiet rural lifestyle.