Housing costs in Altura?
A typical home costs
$267,900, which is 20.8% less expensive than the national average of
$338,100 and 13.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Altura costs
$900 per month, which is 27.4% cheaper than the national average of
$1,240 and close to the state average of
$890.
Can I afford Altura?
To live comfortably in Altura (zip 55910), Minnesota, a minimum annual income of
$51,480 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Altura?
The cost of living in 55910 Altura, MN is slightly higher than the national average. According to the most recent figures from the US Department of Labor, the annual median household income for the area is approximately $53,800. This is higher than both the state and national averages. Goods and services in Altura are also slightly more expensive compared to other places due to its rural location and small population. Housing costs can be particularly high, with median home values listed at close to $180,000. However, with a low unemployment rate and access to a strong local economy, residents of 55910 Altura enjoy a comfortable lifestyle at an affordable cost.