Housing costs in Donaldson?
A typical home costs
$119,400, which is 64.7% less expensive than the national average of
$338,100 and 61.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Donaldson costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Donaldson?
To live comfortably in Donaldson (zip 56720), Minnesota, a minimum annual income of
$23,040 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Donaldson?
The cost of living in 56720 Donaldson, MN is quite reasonable. It's estimated to be nearly 4% lower than the national average. Housing costs are particularly low, with median home values estimated to be around $118,000. Other common costs such as groceries, health care and utilities are also lower than the national average and offer a great value for residents who want to live in this area of Minnesota. Overall, 56720 Donaldson, MN offers a affordable cost of living that is attractive to many people looking for a rural lifestyle while still having access to basic amenities.