Housing costs in Chisholm?
A typical home costs
$114,400, which is 66.2% less expensive than the national average of
$338,100 and 63.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Chisholm costs
$830 per month, which is 33.1% cheaper than the national average of
$1,240 and 30.1% cheaper than the state average of
$1,080.
Can I afford Chisholm?
To live comfortably in Chisholm (zip 55719), Minnesota, a minimum annual income of
$21,960 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Chisholm?
Living in 55719 Chisholm, MN can be quite expensive. Housing costs are well above the national average and the cost of living is also higher than average. It is estimated that the cost of groceries for a family of two averages around $445 per month and health care costs may exceed $400 depending on the coverage level. The average utility bill typically runs around $170 a month, with some variation depending on fuel type and usage levels. Transportation costs are fairly reasonable, but still may add up quickly if you don't use public transportation or carpooling options. All in all, living in 55719 Chisholm, MN can be costly if you aren't prepared to budget for it appropriately.