Housing costs in Greenfield?
A typical home costs
$515,900, which is 52.6% more expensive than the national average of
$338,100 and 66.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Greenfield costs
$1,200 per month, which is 3.2% cheaper than the national average of
$1,240 and 16.7% cheaper than the state average of
$1,400.
Can I afford Greenfield?
To live comfortably in Greenfield (zip 55357), Minnesota, a minimum annual income of
$99,000 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Greenfield?
The cost of living in 55357 Greenfield, MN is relatively affordable. Housing costs are below the national average, with the median home value being $153,400 and the median rent costing around $898 per month. Taxes are also reasonable, with an effective sales tax rate of 6.875%. Groceries and utilities are also reasonably priced when compared to the national average. All in all, residents of 55357 Greenfield, MN enjoy a cost of living that is much lower than many other parts of the country.