Housing costs in Slayton?
A typical home costs
$153,300, which is 54.7% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Slayton costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Slayton?
To live comfortably in Slayton (zip 56172), Minnesota, a minimum annual income of
$29,520 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Slayton?
The cost of living in 56172 Slayton, MN is overall quite reasonable. According to BestPlaces, the cost of living index in Slayton is 83.04 which is lower than the US average of 100. Renters in this area can expect to pay an average of $636 per month for a one-bedroom apartment or $788 for a two-bedroom. Food and groceries are also more affordable than the national average, with groceries costing 4% less and restaurant prices 13% lower than the US average. Additionally, transportation costs are also lower with gas prices being 9% below the national average. On the whole, living in 56172 Slayton, MN provides a good value for money when it comes to cost of living.