Housing costs in Norwood Young America?
A typical home costs
$303,000, which is 10.4% less expensive than the national average of
$338,100 and 2.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Norwood Young America costs
$1,230 per month, which is 0.8% cheaper than the national average of
$1,240 and 13.8% cheaper than the state average of
$1,400.
Can I afford Norwood Young America?
To live comfortably in Norwood Young America (zip 55397), Minnesota, a minimum annual income of
$57,960 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Norwood Young America?
The cost of living in Norwood Young America, MN is affordable compared to the big cities in Minnesota and the rest of the United States. The median home value is estimated to be around $180,300 and the median rent prices are slightly lower than other cities making it a great option for renters. Additionally, groceries are relatively inexpensive due to access to local farmers markets and stores where one can find high-quality food at affordable prices. Moreover, taxes in Norwood Young America are also low, offering residents with additional savings on their daily expenses. All these factors combined make Norwood Young America an ideal place for people who want to enjoy a comfortable lifestyle without breaking their budget.