Housing costs in Alborn?
A typical home costs
$226,800, which is 32.9% less expensive than the national average of
$338,100 and 26.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alborn costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 6.0% cheaper than the state average of
$1,240.
Can I afford Alborn?
To live comfortably in Alborn (zip 55702), Minnesota, a minimum annual income of
$43,560 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Alborn?
The cost of living in Alborn, MN (55702) is relatively low compared to other areas of the United States. The median home value for the area is $118,900, which is well below the national average. Along with housing costs being low, groceries and utility costs are also much lower than the national averages. This makes it an ideal place for those who want to save money while still maintaining a comfortable lifestyle. Furthermore, due to its small size and rural nature, there are not many opportunities for entertainment or shopping so it can be a great place to live for those looking to avoid high expenses associated with larger cities.