Housing costs in Milroy?
A typical home costs
$98,600, which is 70.8% less expensive than the national average of
$338,100 and 68.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milroy costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Milroy?
To live comfortably in Milroy (zip 56263), Minnesota, a minimum annual income of
$18,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Milroy?
The cost of living in Milroy, MN 56263 is relatively low compared to the national average. According to BestPlaces, the cost of consumer goods such as groceries and clothing are much lower than the United States average, while rent prices are slightly higher. The median home price in Milroy is around $112,000 and housing costs account for 28.7% of an average family's income; this is well below the US median of 32.1%. Overall, Milroy remains a great place to live with a low cost of living that makes it attractive to both newcomers and longtime residents alike.