Housing costs in Maple Grove?
A typical home costs
$357,800, which is 5.8% more expensive than the national average of
$338,100 and 15.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Maple Grove costs
$1,800 per month, which is 45.2% more than the national average of
$1,240 and 22.2% more than the state average of
$1,400.
Can I afford Maple Grove?
To live comfortably in Maple Grove (zip 55369), Minnesota, a minimum annual income of
$68,400 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Maple Grove?
The cost of living in 55369 Maple Grove, MN is relatively high compared to the rest of the United States. On average, groceries and health care are about 8% higher than the national averages. The median home price is also significantly higher at $301,800, which is 43% above the U.S. median home value of $211,731. Tax rates can also be high depending on where you live in Maple Grove; for example, property taxes can range from 8-12%. That said, overall Maple Grove offers excellent amenities to its residents that make it a desirable place to live - such as a low crime rate and easy access to great schools - which makes these increased costs worth it for many families.