Housing costs in Coon Rapids?
A typical home costs
$305,300, which is 9.7% less expensive than the national average of
$338,100 and 1.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Coon Rapids costs
$1,640 per month, which is 32.3% more than the national average of
$1,240 and 14.6% more than the state average of
$1,400.
Can I afford Coon Rapids?
To live comfortably in Coon Rapids (zip 55448), Minnesota, a minimum annual income of
$58,320 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Coon Rapids?
The cost of living in Coon Rapids, MN (55448) is slightly higher than the national average. According to BestPlaces, the city’s cost of living index is 110.7, which is 10.7% higher than the US average. This includes purchasing power, rent prices, and grocery costs. The median home price in Coon Rapids is approximately $232,200 and rent averages around $1,170 per month for a one-bedroom apartment. Groceries are also more expensive than the national average; a basket of basic goods would cost around $54 compared to the US average of about $50. Despite these slightly higher costs, Coon Rapids still offers an affordable lifestyle for its residents.