Housing costs in Scandia?
A typical home costs
$442,100, which is 30.8% more expensive than the national average of
$338,100 and 42.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Scandia costs
$1,210 per month, which is 2.4% cheaper than the national average of
$1,240 and 15.7% cheaper than the state average of
$1,400.
Can I afford Scandia?
To live comfortably in Scandia (zip 55073), Minnesota, a minimum annual income of
$84,600 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Scandia?
The cost of living in 55073 Scandia, MN is slightly above the United States average. According to the cost of living index, it is 6% higher than the national average. This means housing, groceries, utilities, transportation and healthcare are all more expensive here than they are nationwide. However, this area also has a low unemployment rate and high median household income which helps to offset some of these costs. Additionally, its proximity to major cities such as Minneapolis and St Paul makes it an attractive location for families looking for a quieter lifestyle without compromising on job opportunities or activities.