Housing costs in Two Harbors?
A typical home costs
$257,600, which is 23.8% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Two Harbors costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 26.5% cheaper than the state average of
$1,240.
Can I afford Two Harbors?
To live comfortably in Two Harbors (zip 55616), Minnesota, a minimum annual income of
$49,320 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Two Harbors?
The cost of living in Two Harbors, MN (55616) is relatively low compared to other areas within the state. The median household income is well below the national average and the housing costs are significantly lower than the national average. While groceries and healthcare may be slightly higher than some areas, overall, living expenses in Two Harbors are quite affordable. It's a great place for families to settle down and enjoy life at a more relaxed pace with minimal financial stress.