Housing costs in Marshall?
A typical home costs
$196,500, which is 41.9% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Marshall costs
$820 per month, which is 33.9% cheaper than the national average of
$1,240 and close to the state average of
$830.
Can I afford Marshall?
To live comfortably in Marshall (zip 56258), Minnesota, a minimum annual income of
$37,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Marshall?
The cost of living in 56258 Marshall, MN is relatively low compared to other parts of the country. The median home price is around $141,000, which is about 7% lower than the national average. Additionally, the cost of utilities and groceries are very affordable and transportation costs are low overall. Residents also benefit from a low unemployment rate (3.2%), so there are plenty of job opportunities for those looking to stay in the area. All in all, 56258 Marshall, MN has an affordable cost of living that makes it an attractive option for many people.