Housing costs in Kenyon?
A typical home costs
$268,400, which is 20.6% less expensive than the national average of
$338,100 and 13.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Kenyon costs
$990 per month, which is 20.2% cheaper than the national average of
$1,240 and 7.1% more than the state average of
$920.
Can I afford Kenyon?
To live comfortably in Kenyon (zip 55946), Minnesota, a minimum annual income of
$51,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Kenyon?
The cost of living in 55946 Kenyon, MN is relatively low compared to other parts of the state. The median home cost is $113,100, which is much lower than the national average of $231,200. The median rent in Kenyon is also below the national average at approximately $772 per month. Utilities are also affordable with an average monthly electric bill clocking in at around $104. In addition to these cost savings, residents can take advantage of no sales tax on food and clothing purchases as well as a lower overall tax rate than the rest of Minnesota. All in all, Kenyon remains a great place to live for those looking to save money while still enjoying the amenities of a small town community.