Housing costs in Minneota?
A typical home costs
$155,400, which is 54.0% less expensive than the national average of
$338,100 and 49.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Minneota costs
$840 per month, which is 32.3% cheaper than the national average of
$1,240 and close to the state average of
$830.
Can I afford Minneota?
To live comfortably in Minneota (zip 56264), Minnesota, a minimum annual income of
$29,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Minneota?
The cost of living in 56264 Minneota, MN is relatively low compared to the national average. The housing costs are about 25 percent lower than the national average, with a median home value of around $118,000. The overall cost of groceries and healthcare are also significantly lower than the national average, making it an affordable option for those looking to live in this area. Additionally, there are no income or sales taxes in Minnesota, which adds to the affordability factor. With its close proximity to nearby lakes and parks as well as its small town charm, Minneota is an attractive place for those looking for a quiet and affordable lifestyle.