Housing costs in Frazee?
A typical home costs
$289,300, which is 14.4% less expensive than the national average of
$338,100 and 6.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Frazee costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,240.
Can I afford Frazee?
To live comfortably in Frazee (zip 56544), Minnesota, a minimum annual income of
$55,440 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Frazee?
The cost of living in 56544 Frazee, MN is relatively low compared to the national average. According to BestPlaces, the overall cost of living index in Frazee is 78.41, which is 22% lower than the U.S. average. Rent prices in this area are also significantly below the national average, with a one-bedroom apartment averaging just $572 per month. Other expenses such as food and transportation costs are also quite affordable, and utilities tend to be slightly cheaper than in other parts of the country. All in all, Frazee offers an excellent quality of life at a budget-friendly price tag!