Housing costs in Orono?
A typical home costs
$661,500, which is 95.7% more expensive than the national average of
$338,100 and 113.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Orono costs
$1,600 per month, which is 29.0% more than the national average of
$1,240 and 12.5% more than the state average of
$1,400.
Can I afford Orono?
To live comfortably in Orono (zip 55356), Minnesota, a minimum annual income of
$126,720 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Orono?
The cost of living in 55356 Orono, MN is quite reasonable. Although it is slightly higher than the national average, the overall cost of living index for the area is still below the national average. Housing costs are relatively low, ranging from around $500 to $1,000 per month depending on size and location. Groceries also tend to be reasonably priced, and the cost of utilities remains manageable. In general, living in 55356 Orono can be quite affordable for most individuals and families.