Housing costs in Center City?
A typical home costs
$357,300, which is 5.7% more expensive than the national average of
$338,100 and 15.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Center City costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 2.5% cheaper than the state average of
$1,240.
Can I afford Center City?
To live comfortably in Center City (zip 55012), Minnesota, a minimum annual income of
$68,400 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Center City?
The cost of living in 55012 Center City, MN is relatively high when compared to other cities and towns throughout the state. The average cost of housing per month is nearly $1,500 and the median household income is over $76,000. Prices for groceries, healthcare, transportation, and other necessities are comparable with the national average. Renting a one-bedroom apartment could easily cost upwards of $900 and higher depending on the location. In addition to high costs of living, taxes in Center City are also higher than other places across Minnesota; however this can be offset by the various job opportunities that are available in this area.