Housing costs in Walnut Grove?
A typical home costs
$105,700, which is 68.7% less expensive than the national average of
$338,100 and 65.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Walnut Grove costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Walnut Grove?
To live comfortably in Walnut Grove (zip 56180), Minnesota, a minimum annual income of
$20,160 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Walnut Grove?
The cost of living in 56180 Walnut Grove, MN is quite reasonable compared to other areas of the country. According to BestPlaces, the cost of living index for this area is 79.20, which is significantly lower than the national average of 100. The cost of groceries and food is also slightly lower than the national average, with a grocery index rating of 95.37 and a restaurant price index rating of 99.64. The average rent in Walnut Grove is much lower than the national average as well, coming in at $722 per month compared to $1,470 across the United States. In addition, housing prices are relatively low in this area with an average home costing around $164,000 and utilities typically costing less than $200 per month. In comparison to other areas in the country, 56180 Walnut Grove offers residents an affordable living situation with many amenities nearby.