Housing costs in Russell?
A typical home costs
$103,900, which is 69.3% less expensive than the national average of
$338,100 and 66.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Russell costs
$820 per month, which is 33.9% cheaper than the national average of
$1,240 and close to the state average of
$830.
Can I afford Russell?
To live comfortably in Russell (zip 56169), Minnesota, a minimum annual income of
$19,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Russell?
The cost of living in 56169 Russell, MN is generally considered to be relatively low. The median home value in the area is around $77,900, and rent prices tend to stay below $800 per month. Utilities are also inexpensive compared to other areas of the country, with electricity being especially affordable. Residents can find a variety of restaurants and stores that offer goods at competitive prices. In addition, there is no state income tax, which makes it attractive for those looking for an affordable place to live.