Housing costs in Milroy?
A typical home costs
$95,900, which is 71.6% less expensive than the national average of
$338,100 and 69.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milroy costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Milroy?
To live comfortably in Milroy, Minnesota, a minimum annual income of
$18,360 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Milroy?
The cost of living in Milroy, MN is relatively low compared to other areas, with an overall cost of living index of 89.2. This means that items such as groceries, health care, and transportation are all relatively inexpensive. Housing costs are also affordable here, with the average home price being just over $117,000. Utilities are also quite affordable; electricity averages about $95 per month while natural gas averages around $125 per month. With such reasonable prices on basic needs and housing costs, Milroy is an excellent option for those looking for a budget-friendly place to live.