Housing costs in Milaca?
A typical home costs
$264,500, which is 21.8% less expensive than the national average of
$338,100 and 14.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milaca 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 Milaca?
To live comfortably in Milaca (zip 56353), Minnesota, a minimum annual income of
$50,760 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Milaca?
The cost of living in 56353 Milaca, MN is relatively low compared to other places in the country. The median home value is around $122,400, which is much lower than the national average of $220,000. Similarly, the median monthly rent in this zip code is $742, while the national average is around $1,000. Additionally, groceries and healthcare costs are slightly below the national average. This makes it a great option for those looking to live without spending too much money on living expenses.