Housing costs in Princeton?
A typical home costs
$304,200, which is 10.0% less expensive than the national average of
$338,100 and 1.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Princeton costs
$1,200 per month, which is 3.2% cheaper than the national average of
$1,240 and 16.7% cheaper than the state average of
$1,400.
Can I afford Princeton?
To live comfortably in Princeton (zip 55371), Minnesota, a minimum annual income of
$58,320 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Princeton?
Living in 55371 Princeton, MN is quite affordable. The median home value is $142,360 and the median rent is around $830 per month. Utilities are also relatively low cost, with an average electricity bill of about $80 a month and an average heating bill of roughly $120. The overall cost of living in this area is just slightly higher than the national average, making it a great place to live on a budget. Groceries are also reasonably priced and there are plenty of activities and attractions nearby that can make living in Princeton fun and exciting without breaking the bank.