Housing costs in Scandia?
A typical home costs
$546,000, which is 61.5% more expensive than the national average of
$338,100 and 76.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Scandia costs
$1,620 per month, which is 30.6% more than the national average of
$1,240 and 13.6% more than the state average of
$1,400.
Can I afford Scandia?
To live comfortably in Scandia (zip 55047), Minnesota, a minimum annual income of
$104,760 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Scandia?
equestId:b7cefec3-8c0e-44b4-b95a-5c4acb2ad8c5,resource:content,data:[{id:txt_c0171694ab7c405eabd0b123b3c7e7fa,text:\n \nThe cost of living in Scandia, MN (55047) is relatively low compared to many other U.S. cities and towns. The median household income in Scandia is $109,920, while the median home value is $427,719. This indicates that homes are affordable relative to incomes. Additionally, housing costs are kept low by the abundance of available land for development and the variety of housing options from single family homes to subsidized rentals. Goods and services are generally cheaper than those found in larger cities like Minneapolis or St Paul due to a lack of demand and competition from larger retailers. Overall, Scandia offers a good balance of affordability and quality of life when it comes to cost of living.