Housing costs in Reads Landing?
A typical home costs
$186,700, which is 44.8% less expensive than the national average of
$338,100 and 39.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Reads Landing costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Reads Landing?
To live comfortably in Reads Landing (zip 55968), Minnesota, a minimum annual income of
$35,640 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Reads Landing?
The cost of living in 55968 Reads Landing, MN is relatively low when compared to the national average. The median home value is around $90,000, and the median household income is just over $46,000. While the area has seen some increases in housing costs due to increasing demand from young professionals, overall it is still a budget-conscious place to live with plenty of affordable housing options. Additionally, there are no major industries driving up the cost of goods and services so everyday expenses remain relatively low. Overall, 55968 Reads Landing, MN offers an affordable lifestyle that many can enjoy.