Housing costs in Canton?
A typical home costs
$168,900, which is 50.0% less expensive than the national average of
$338,100 and 45.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Canton costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Canton?
To live comfortably in Canton (zip 55922), Minnesota, a minimum annual income of
$32,400 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Canton?
55922 Canton, MN has a cost of living that is slightly higher than the US average, but still quite affordable compared to many parts of the country. The median home cost in 55922 is around $148,400 and monthly rent prices come in at around $890. The cost of groceries and other necessities are also slightly higher than the national average. However, taxes are relatively low with property tax rates of 1.50%. All in all, 55922 Canton offers an attractive option for those seeking a comfortable place to live without spending too much money.