Housing costs in Soudan?
A typical home costs
$102,800, which is 69.6% less expensive than the national average of
$338,100 and 66.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Soudan costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 39.3% cheaper than the state average of
$1,240.
Can I afford Soudan?
To live comfortably in Soudan (zip 55782), Minnesota, a minimum annual income of
$19,800 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Soudan?
The cost of living in 55782 Soudan, MN is relatively low compared to other cities in the state. The median home value for this area is around $105,000, and the median household income is approximately $44,500. Renters can expect to pay an average of $650 per month for a one bedroom apartment. Utilities are also affordable with the average monthly cost being around $150. Basic groceries and low-cost dining options are available in the area providing residents with reasonable access to basic needs. Overall, living in 55782 Soudan, MN offers a good balance between low costs and quality of life.