Housing costs in Northfield?
A typical home costs
$334,500, which is 1.1% less expensive than the national average of
$338,100 and 8.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Northfield costs
$1,220 per month, which is 1.6% cheaper than the national average of
$1,240 and 12.3% more than the state average of
$1,070.
Can I afford Northfield?
To live comfortably in Northfield (zip 55057), Minnesota, a minimum annual income of
$64,080 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Northfield?
The cost of living in 55057 Northfield, MN is generally considered to be fairly affordable. The median home price is around $255,000 making it an attractive place for first-time home buyers. The average rent is around $1,100 per month and the cost of goods and services in the area are just slightly above the national average. There are plenty of employment opportunities in the city that allow residents to maintain a comfortable lifestyle without breaking the bank. Overall, Northfield offers its inhabitants a great quality of life that doesn’t require spending beyond their means.