Housing costs in Alexandria?
A typical home costs
$294,000, which is 13.0% less expensive than the national average of
$338,100 and 5.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alexandria costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Alexandria?
To live comfortably in Alexandria Minnes Metro Area, Minnesota, a minimum annual income of
$56,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Alexandria?
The cost of living in the Alexandria, MN Metro Area is quite affordable compared to the rest of the US. At 87.3, it is 12.7 less than the US average Cost of Living of 100. Similarly, the median house value in this area is $294000 which is considerably lower than the US average house value of $338100. These two factors combined make Alexandria Metro Area an attractive and affordable place to live for those looking for a good quality of life at an affordable price.