Housing costs in Alexandria?
A typical home costs
$309,200, which is 8.5% less expensive than the national average of
$338,100 and 0.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Alexandria costs
$870 per month, which is 29.8% cheaper than the national average of
$1,240 and close to the state average of
$870.
Can I afford Alexandria?
To live comfortably in Alexandria (zip 56308), Minnesota, a minimum annual income of
$59,400 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Alexandria?
The cost of living in 56308 Alexandria, MN is relatively low compared to the national average. Housing costs are well below the national average, with a median home cost of around $118,000. This allows many residents to own their own homes and live comfortably in a safe neighborhood. Groceries and health care are also lower than the national average, making it easier for families to manage their household budget. In addition, transportation costs are kept low due to the availability of public transportation and proximity to major roads. All these factors combined make Alexandria an ideal place to live for those looking for an affordable lifestyle.