Housing costs in Olivia?
A typical home costs
$176,100, which is 47.9% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Olivia costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Olivia?
To live comfortably in Olivia (zip 56277), Minnesota, a minimum annual income of
$33,840 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Olivia?
The cost of living in 56277 Olivia, MN is moderately low compared to the national average. Rent prices are relatively low, with a one-bedroom apartment in the city center costing an average of $726 per month. Grocery and restaurant costs are also lower than the national average; overall, many people find that their expenses are much less than they would be if they lived in a larger city. In addition to these advantages, there are also plenty of leisure activities available at reasonable prices, such as outdoor recreation in nearby parks and local events that often come with discounted tickets or are free for the public.