Housing costs in Cokato?
A typical home costs
$274,500, which is 18.8% less expensive than the national average of
$338,100 and 11.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cokato costs
$1,210 per month, which is 2.4% cheaper than the national average of
$1,240 and 15.7% cheaper than the state average of
$1,400.
Can I afford Cokato?
To live comfortably in Cokato (zip 55321), Minnesota, a minimum annual income of
$52,560 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Cokato?
The cost of living in 55321 Cokato, MN is relatively low compared to other areas in the state. Median home values are around $180,000, with an average rent for a three-bedroom apartment at just over $700 per month. The median household income is approximately $63,000, which allows citizens to make ends meet without having to stretch their finances too thin. Utilities are also relatively affordable in this area, making it a great place to live and raise a family.