Housing costs in Ghent?
A typical home costs
$180,100, which is 46.7% less expensive than the national average of
$338,100 and 41.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ghent costs
$840 per month, which is 32.3% cheaper than the national average of
$1,240 and close to the state average of
$830.
Can I afford Ghent?
To live comfortably in Ghent (zip 56239), Minnesota, a minimum annual income of
$34,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Ghent?
The cost of living in 56239 Ghent, MN is quite reasonable. The median home value is $171,400, which is slightly lower than the national average. In addition, the median household income is $50,735, which is slightly higher than the national median household income. Furthermore, prices for essential goods and services such as groceries and transportation are on par with the rest of the state. All in all, 56239 Ghent, MN residents can expect to enjoy a comfortable lifestyle without breaking the bank.