Housing costs in Highland?
A typical home costs
$452,600, which is 33.9% more expensive than the national average of
$338,100 and 46.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Highland costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 29.2% more than the state average of
$1,240.
Can I afford Highland?
To live comfortably in Highland, Minnesota, a minimum annual income of
$86,760 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Highland?
Highland, MN is a relatively affordable place to live. The cost of living index in the area is 92.5, which is 8.5% lower than the national average. This makes it an ideal place for families to settle since housing and other expenses are generally more reasonable here than other parts of the country. Groceries and utilities are especially affordable, with some of the lowest prices across the nation. There are plenty of amenities in Highland as well, including shopping centers, restaurants, and entertainment venues that can make living here desirable without breaking the bank.