Housing costs in Welcome?
A typical home costs
$168,500, which is 50.2% less expensive than the national average of
$338,100 and 45.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Welcome costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Welcome?
To live comfortably in Welcome (zip 56181), Minnesota, a minimum annual income of
$32,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Welcome?
Welcome, Minnesota is a beautiful area with many great amenities. The cost of living in Welcome, MN 56181 is quite reasonable. Prices for rent and housing are generally lower than the national average and utilities tend to be lower as well. Grocery costs are also relatively low and living in this area can provide a wonderful lifestyle without breaking the bank. With its close proximity to major cities like Minneapolis and St. Paul, residents can enjoy all the benefits of city life without having to pay higher costs associated with big city living.