Housing costs in Delavan?
A typical home costs
$156,400, which is 53.7% less expensive than the national average of
$338,100 and 49.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Delavan costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Delavan?
To live comfortably in Delavan (zip 56023), Minnesota, a minimum annual income of
$29,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Delavan?
The cost of living in 56023 Delavan, MN is quite affordable. According to BestPlaces.net, the overall cost of living index in Delavan is 87.4 which is 13.6 points lower than the national average of 101. This means that everyday items and services are typically less expensive in this area compared to other parts of the country. Additionally, housing prices are relatively low, as the median home price is $172,200 and the median rent for a two-bedroom apartment is just $738 per month. Although property taxes can be slightly higher than some other areas, they still remain relatively low and affordable for most residents. All in all, the cost of living in 56023 Delavan makes it an attractive place to call home for individuals and families looking for a good value.