Housing costs in Otter Tail?
A typical home costs
$283,400, which is 16.2% less expensive than the national average of
$338,100 and 8.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Otter Tail costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,240.
Can I afford Otter Tail?
To live comfortably in Otter Tail Minnes County, Minnesota, a minimum annual income of
$54,360 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Otter Tail?
The cost of living in Otter Tail, MN County is significantly lower than the national average. According to data from the US Census Bureau, the median house value in Otter Tail is $283,400 compared to the U.S. average of $338,100. Furthermore, the cost of living in Otter Tail County is 87.8 compared to the national average of 100. This means that prices for everyday items and services are generally lower than other places throughout the country. Homeowners and renters alike can benefit from a lower cost of living while still enjoying all that Otter Tail has to offer in terms of amenities and activities.