Housing costs in Vernon Center?
A typical home costs
$190,300, which is 43.7% less expensive than the national average of
$338,100 and 38.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Vernon Center costs
$1,170 per month, which is 5.6% cheaper than the national average of
$1,240 and 9.4% more than the state average of
$1,060.
Can I afford Vernon Center?
To live comfortably in Vernon Center (zip 56090), Minnesota, a minimum annual income of
$36,360 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Vernon Center?
The cost of living in 56090 Vernon Center, MN is relatively low compared to some areas. You can find affordable housing options in the area and the overall cost of living is about eight percent lower than the national average. The median home price in the area is around $200,000, which makes it more affordable than many other locations. The area has a relatively low unemployment rate, and the average income for residents is just over $50,000 per year. This combination of lower home prices and higher incomes makes 56090 Vernon Center, MN an attractive place to live for those looking for a cost-effective option.