Housing costs in Mora?
A typical home costs
$236,200, which is 30.1% less expensive than the national average of
$338,100 and 23.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mora costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,240.
Can I afford Mora?
To live comfortably in Mora (zip 55051), Minnesota, a minimum annual income of
$45,360 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Mora?
The cost of living in 55051 Mora, MN is quite reasonable. According to the Cost of Living Index, the city has an overall score of 91.3, which is slightly lower than the average cost of living for the entire United States. Housing costs in particular are very affordable, with a median home value of $123,200 and median rent costs around $878 per month. This makes it an ideal place for people looking to save money while still enjoying all that rural Minnesota has to offer. The low cost of living combined with the beautiful scenery and outdoor activities make Mora a great place to call home.