Housing costs in Big Falls?
A typical home costs
$66,800, which is 80.2% less expensive than the national average of
$338,100 and 78.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Big Falls costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Big Falls?
To live comfortably in Big Falls (zip 56627), Minnesota, a minimum annual income of
$12,960 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Big Falls?
The cost of living in 56627 Big Falls, MN is very reasonable. The median home value in the area is around $151,600, which is lower than both the state and national medians. Property taxes are also below average at only 1.07%, making it an affordable option for those looking to purchase a home. The cost of utilities such as electricity and water are comparable to other areas in Minnesota, with no real difference in pricing. When it comes to groceries and essential goods, prices remain competitive with other local areas, making it easy to stick to a budget without sacrificing quality. All-in-all, 56627 Big Falls is an affordable place to live for residents and visitors alike.