Housing costs in Milan?
A typical home costs
$105,100, which is 68.9% less expensive than the national average of
$338,100 and 66.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milan costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 69.9% cheaper than the state average of
$1,240.
Can I afford Milan?
To live comfortably in Milan (zip 56262), Minnesota, a minimum annual income of
$20,160 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Milan?
The cost of living in 56262 Milan, MN is quite reasonable compared to other cities in the United States. The median home price for homes in this zip code is $133,400 which is slightly lower than the national average of $229,700. Utility costs are also very affordable and most people find that they can keep their energy bills low by making efficient use of their resources. Sales tax is slightly higher than the national average but still remains below 8%. With an extensive selection of dining, shopping, and entertainment options, the overall quality of life that Milan offers its residents makes it a great place to call home without breaking the bank.