Housing costs in Cleveland?
A typical home costs
$328,600, which is 2.8% less expensive than the national average of
$338,100 and 6.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Cleveland costs
$860 per month, which is 30.6% cheaper than the national average of
$1,240 and 62.8% cheaper than the state average of
$1,400.
Can I afford Cleveland?
To live comfortably in Cleveland (zip 56017), Minnesota, a minimum annual income of
$63,000 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Cleveland?
Cleveland, MN is an affordable place to live. The cost of living in zip code 56017 is 14% lower than the rest of the state and 9% lower than the national average. Housing costs are particularly attractive with median home values being $110,500 and median rent prices being just $724 per month. Taxes are also relatively low, with an average property tax rate of 0.64%. In all, Cleveland provides a perfect combination of affordability and quality of life for its residents.