Housing costs in Carlton?
A typical home costs
$263,200, which is 22.2% less expensive than the national average of
$338,100 and 15.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Carlton costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 26.5% cheaper than the state average of
$1,240.
Can I afford Carlton?
To live comfortably in Carlton (zip 55718), Minnesota, a minimum annual income of
$50,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Carlton?
Living in 55718 Carlton, MN is relatively affordable when compared to other areas in the United States. According to BestPlaces, the cost of living index for 55718 is 82.94 which is 14.06% lower than the US average. The cost of housing in 55718 is 18.98% lower than the US average while groceries are almost 8 percent lower than the US average. While utilities may be slightly higher than other parts of the country, they remain well below the national average as well. Overall, it appears that living in 55718 Carlton, MN offers a comfortable and low-cost option when compared to many other cities across America.