Housing costs in Munich?
A typical home costs
$95,400, which is 71.8% less expensive than the national average of
$338,100 and 60.4% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Munich costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 8.2% cheaper than the state average of
$920.
Can I afford Munich?
To live comfortably in Munich, North Dakota, a minimum annual income of
$18,360 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Munich?
Munich, ND is an affordable place to live. The cost of living index is lower than the US average, making it a great option for those looking to stretch their money. The median home value in Munich is approximately $123,000, which is about 28.7% lower than the North Dakota average and 21.7% lower than the national average. Renters can find a one bedroom apartment for around $500 per month, while two bedrooms apartments are available for approximately $650 per month. Overall, living in Munich is very affordable and offers a high quality of life at a relatively low price.