Housing costs in Erskine?
A typical home costs
$236,600, which is 30.0% less expensive than the national average of
$338,100 and 23.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Erskine costs
$820 per month, which is 33.9% cheaper than the national average of
$1,240 and 8.5% cheaper than the state average of
$890.
Can I afford Erskine?
To live comfortably in Erskine (zip 56535), Minnesota, a minimum annual income of
$45,360 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Erskine?
The cost of living in 56535 Erskine, MN is quite reasonable. The median home value is approximately $101,000 and the median household income is $46,832. Other costs such as food, transportation and healthcare are also relatively low compared to other cities in the area. Although housing prices have been steadily increasing over the past few years, they remain well below the national average. Additionally, there are no state income taxes which further add to the benefits of living in this city. Overall, living in 56535 Erskine MN can be quite affordable for most people.