Housing costs in Olmsted?
A typical home costs
$292,300, which is 13.5% less expensive than the national average of
$338,100 and 5.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Olmsted costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Olmsted?
To live comfortably in Olmsted Minnes County, Minnesota, a minimum annual income of
$56,160 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Olmsted?
The cost of living in Olmsted, MN County is 94.2, which is slightly lower than the national average of 100. This makes it a great place to live for those who want to save some money on their housing costs. The median house value in Olmsted, MN County is $292,300, which is significantly lower than the national median house value of $338,100. This means that residents of Olmsted can enjoy a good quality of life at an affordable price.