Housing costs in Cannon Falls?
A typical home costs
$339,000, which is 0.3% more expensive than the national average of
$338,100 and 9.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cannon Falls costs
$1,140 per month, which is 8.1% cheaper than the national average of
$1,240 and 19.3% more than the state average of
$920.
Can I afford Cannon Falls?
To live comfortably in Cannon Falls (zip 55009), Minnesota, a minimum annual income of
$64,800 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Cannon Falls?
The cost of living in 55009 Cannon Falls, MN is quite reasonable. According to the latest Cost of Living Index, Cannon Falls has an index score of 90.2, which is slightly lower than the national average. Housing costs are relatively low compared to other cities in the United States, with the median price for a home coming in at $153,800. Groceries and health care are also affordable, with prices being comparable to other cities in Minnesota. Overall, Cannon Falls offers a good quality of life at an affordable price compared to many larger cities around the country.