Housing costs in Braham?
A typical home costs
$250,000, which is 26.1% less expensive than the national average of
$338,100 and 19.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Braham costs
$1,220 per month, which is 1.6% cheaper than the national average of
$1,240 and 14.8% cheaper than the state average of
$1,400.
Can I afford Braham?
To live comfortably in Braham (zip 55006), Minnesota, a minimum annual income of
$47,880 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Braham?
The cost of living in 55006 Braham, MN is quite reasonable. In comparison to the U.S. average, the cost of groceries, health care and housing are all well below the national median. Housing costs in particular are especially affordable, with a median home value of $154,800 and only an 8% difference between home list prices and sale prices. In addition, local taxes are also below average for the region, making this an ideal place to live for those looking for a balance between affordability and quality of life.