Housing costs in Murdock?
A typical home costs
$200,400, which is 40.7% less expensive than the national average of
$338,100 and 35.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Murdock costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Murdock?
To live comfortably in Murdock (zip 56271), Minnesota, a minimum annual income of
$38,520 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Murdock?
The cost of living in 56271 Murdock, MN is relatively low compared to other areas in the United States. According to BestPlaces, the city has a cost of living index of 76.56, which is 15% lower than the US average. Other factors such as housing costs and utilities are also cheaper than the national average with an estimated housing index of 41.81 and utility index of 95.36. In addition, groceries and transportation are affordable with an estimated grocery index of 91.51 and a transportation index of 102.29. Overall, Murdock offers residents an excellent quality of life at a reasonable price point for both locals and newcomers alike.