Housing costs in Borup?
A typical home costs
$182,500, which is 46.0% less expensive than the national average of
$338,100 and 41.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Borup costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and close to the state average of
$1,240.
Can I afford Borup?
To live comfortably in Borup (zip 56519), Minnesota, a minimum annual income of
$34,920 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Borup?
The cost of living in 56519 Borup, MN is relatively low. The median housing cost in the area is $101,800, which is below the national median housing cost of $184,700. Additionally, the overall cost of living index for this area is 85.5 out of 100, which is significantly lower than the national average of 100. This means that everyday necessities such as groceries and transportation are significantly cheaper than in most other parts of the country. Furthermore, utilities are also comparatively affordable and make it easier to budget for essential items such as electricity and heating. All in all, 56519 Borup, MN provides plenty of opportunities to save money on living expenses for those looking to relocate or explore a new area.