Housing costs in Moorhead?
A typical home costs
$237,100, which is 29.9% less expensive than the national average of
$338,100 and 23.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Moorhead costs
$920 per month, which is 25.8% cheaper than the national average of
$1,240 and close to the state average of
$910.
Can I afford Moorhead?
To live comfortably in Moorhead (zip 56560), Minnesota, a minimum annual income of
$45,360 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Moorhead?
The cost of living in 56560 Moorhead, MN is relatively low compared to many other cities. The average rent for a one-bedroom apartment can range from $800 to $1000, while the median home price is around $200,000. In addition to this, the grocery prices are very reasonable and there are plenty of restaurants and shops in the city as well. Furthermore, utilities are reasonably priced and there are plenty of outdoor activities that can be enjoyed year-round due to the mild climate. Overall, living in 56560 Moorhead is quite affordable and is an attractive option for many people looking for an affordable place to live.