Housing costs in Grand Meadow?
A typical home costs
$240,200, which is 29.0% less expensive than the national average of
$338,100 and 22.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Grand Meadow costs
$1,000 per month, which is 19.4% cheaper than the national average of
$1,240 and 3.0% more than the state average of
$970.
Can I afford Grand Meadow?
To live comfortably in Grand Meadow (zip 55936), Minnesota, a minimum annual income of
$46,080 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Grand Meadow?
The cost of living in 55936 Grand Meadow, MN is relatively low compared to other parts of the country. The median home price in the area is around $140,000, and the median rent is about $800 per month. Utilities are also low; electricity averages just over $100 a month, while natural gas averages approximately $50 a month. Additionally, groceries and other items are very affordable, making this a great place for families to stretch their budgets. In addition to being affordable, there are plenty of attractions nearby such as hiking trails and lakes that make it an ideal place to live.