Housing costs in Pine Island?
A typical home costs
$338,200, which is 0.0% more expensive than the national average of
$338,100 and 9.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Pine Island costs
$1,180 per month, which is 4.8% cheaper than the national average of
$1,240 and 22.0% more than the state average of
$920.
Can I afford Pine Island?
To live comfortably in Pine Island (zip 55963), Minnesota, a minimum annual income of
$64,800 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Pine Island?
The cost of living in 55963 Pine Island, MN is quite reasonable. The median home price is $245,000, which is slightly lower than the national average of $231,200. Additionally, the cost of housing in general tends to be lower than the rest of Minnesota and the US as a whole. Transportation costs are also relatively low due to the close proximity to major highways and downtown Rochester. When it comes to groceries and other necessities, Pine Island has an impressive selection of stores and restaurants that offer competitive prices on everyday items. Overall, living in 55963 Pine Island makes for an affordable option for anyone looking for a place to call home.