Housing costs in Golden Valley?
A typical home costs
$342,400, which is 1.3% more expensive than the national average of
$338,100 and 10.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Golden Valley costs
$1,410 per month, which is 13.7% more than the national average of
$1,240 and close to the state average of
$1,400.
Can I afford Golden Valley?
To live comfortably in Golden Valley (zip 55427), Minnesota, a minimum annual income of
$65,520 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Golden Valley?
The cost of living in 55427 Golden Valley, MN is relatively high compared to the national average. The median home values in the area range from approximately $215,000 to $235,000, representing a modest 17% increase over the last 10 years. Renting a one-bedroom apartment averages around $1,250 per month, while two- and three-bedroom apartments range between $1,500 and $2,000 per month respectively. Groceries are slightly higher than average with an index score of 105.3 and transportation costs are also above average with an index score of 115.7. All in all, it's a bit more expensive to live in 55427 Golden Valley than some other parts of Minnesota or the country as a whole.