Housing costs in Corcoran?
A typical home costs
$686,900, which is 103.2% more expensive than the national average of
$338,100 and 121.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Corcoran costs
$1,870 per month, which is 50.8% more than the national average of
$1,240 and 25.1% more than the state average of
$1,400.
Can I afford Corcoran?
To live comfortably in Corcoran (zip 55340), Minnesota, a minimum annual income of
$131,760 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Corcoran?
Living in 55340 Corcoran, MN is relatively affordable. According to BestPlaces's Cost of Living Index, the cost of living in Corcoran is just above the national average and about 12% lower than the state average. Rent prices are particularly low, with an average one-bedroom apartment costing around $630 a month. Groceries and other necessities are also reasonably priced, making it a great location for those looking to save money without sacrificing quality of life.