Housing costs in Echo?
A typical home costs
$145,000, which is 57.1% less expensive than the national average of
$338,100 and 53.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Echo costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Echo?
To live comfortably in Echo (zip 56237), Minnesota, a minimum annual income of
$27,720 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Echo?
56237 Echo, MN has a cost of living that is slightly higher than the national average. The median rent for a one-bedroom apartment is $735 and the median sale price for a home is around $152,000. The overall cost of living index in 56237 Echo, MN is 101.4, which means it is roughly 1% more expensive to live in this area when compared to the national average. Additionally, groceries, transportation costs, healthcare costs, utilities bills and other expenses are all on par with the national average. As such, the cost of living in 56237 Echo, MN can be considered moderately affordable.