Housing costs in Brainerd?
A typical home costs
$256,500, which is 24.1% less expensive than the national average of
$338,100 and 17.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Brainerd costs
$1,030 per month, which is 16.9% cheaper than the national average of
$1,240 and 6.8% more than the state average of
$960.
Can I afford Brainerd?
To live comfortably in Brainerd (zip 56401), Minnesota, a minimum annual income of
$49,320 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Brainerd?
Living in 56401 Brainerd, MN is not particularly expensive. The cost of living index is about 16% lower than the US average, making it a great place to live if you are looking to stretch your budget and save money. Groceries, health care, and housing are all relatively affordable. In terms of housing costs, the median home value in 56401 Brainerd is $152,000, which is more affordable than the national average. Utilities are also lower than average. All in all, living in this part of Minnesota can be a budget-friendly choice for those looking to keep their expenses low while still enjoying an area with plenty of scenic natural beauty.