Housing costs in Wanamingo?
A typical home costs
$262,900, which is 22.2% less expensive than the national average of
$338,100 and 15.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wanamingo costs
$930 per month, which is 25.0% cheaper than the national average of
$1,240 and close to the state average of
$920.
Can I afford Wanamingo?
To live comfortably in Wanamingo (zip 55983), Minnesota, a minimum annual income of
$50,400 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Wanamingo?
The cost of living in 55983 Wanamingo, MN is relatively low compared to other areas in the United States. According to Best Places, the cost of living here is about 8% lower than the U.S. average which means that those who live here can enjoy a lower cost of living without sacrificing quality or amenities. Housing costs are also low with a median home value at around $112,100 and median rent prices at just over $739 per month. Groceries and healthcare costs are similarly lower than the U.S. average, making it an attractive place for those looking for an affordable lifestyle.