Housing costs in Taylors Falls?
A typical home costs
$292,500, which is 13.5% less expensive than the national average of
$338,100 and 5.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Taylors Falls costs
$1,180 per month, which is 4.8% cheaper than the national average of
$1,240 and 18.6% cheaper than the state average of
$1,400.
Can I afford Taylors Falls?
To live comfortably in Taylors Falls (zip 55084), Minnesota, a minimum annual income of
$56,160 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Taylors Falls?
The cost of living in 55084 Taylors Falls, MN is relatively low compared to other cities in the US. The median home value is around $185,000 and the median rent is around $1,100. The overall cost of goods and services is also low making it a great place to live for those who are looking for a more affordable lifestyle. Property taxes are also lower than in many other areas across the country, making it an attractive option for retirees or families looking to move out of the city. All in all, living in 55084 Taylors Falls provides residents with a relatively low cost of living while at the same time being close enough to St. Paul and Minneapolis for easy access to larger metropolitan areas.