
Housing costs in Ceylon?
A typical home costs
$111,900, which is 66.9% less expensive than the national average of
$338,100 and 63.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ceylon costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 67.6% cheaper than the state average of
$1,240.
Can I afford Ceylon?
To live comfortably in Ceylon (zip 56121), Minnesota, a minimum annual income of
$21,600 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Ceylon?
The cost of living in 56121 Ceylon, MN is relatively low compared to other areas in the United States. The median home value in Ceylon is around $131,000, which is lower than the national median home value of $217,000. In addition, the median household income in 56121 Ceylon is also lower than the U.S. median household income of $78,000 at approximately $49,000. With a lower cost of housing and living expenses combined with a lower median household income, it makes it easier for people to make ends meet and enjoy a comfortable life in this small town.