Housing costs in Nashua?
A typical home costs
$127,200, which is 62.4% less expensive than the national average of
$338,100 and 58.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Nashua costs
$820 per month, which is 33.9% cheaper than the national average of
$1,240 and close to the state average of
$830.
Can I afford Nashua?
To live comfortably in Nashua (zip 56565), Minnesota, a minimum annual income of
$24,480 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Nashua?
Living in 56565 Nashua, MN is quite affordable. The cost of living index is nearly 10% below the national average, which allows residents to get more for their money. Housing costs are among the most affordable in the region with a median home value of $112,400 and rent prices averaging around $748 per month. Groceries and other necessities are also more affordable in this area than other parts of Minnesota and the nation as a whole. Utility costs such as electricity, water, and gas are also lower than nearby areas due to an abundance of natural resources such as wind and hydroelectric power which drive down costs. All together these factors make Nashua a great place to live with affordable living costs and plenty of natural beauty to enjoy.