Housing costs in Ottertail?
A typical home costs
$332,500, which is 1.7% less expensive than the national average of
$338,100 and 7.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ottertail costs
$870 per month, which is 29.8% cheaper than the national average of
$1,240 and close to the state average of
$860.
Can I afford Ottertail?
To live comfortably in Ottertail (zip 56571), Minnesota, a minimum annual income of
$63,720 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Ottertail?
The cost of living in 56571 Ottertail, MN is relatively low compared to some other cities and states in the US. The average home prices are typically lower than the national average, and they range from around $150K - $200K depending on size and location. Renting an apartment is also quite affordable, with a one bedroom costing about $700 per month. Utility rates are also fairly low compared to other areas of the US and there are plenty of places to shop for groceries or other items at a reasonable cost. In general, it's easy to live comfortably and save money while living in 56571 Ottertail, MN.