Housing costs in West Concord?
A typical home costs
$253,400, which is 25.1% less expensive than the national average of
$338,100 and 18.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in West Concord costs
$1,230 per month, which is 0.8% cheaper than the national average of
$1,240 and 6.5% more than the state average of
$1,150.
Can I afford West Concord?
To live comfortably in West Concord (zip 55985), Minnesota, a minimum annual income of
$48,600 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about West Concord?
The cost of living in 55985 West Concord, MN is quite affordable, especially compared to the average across the US. According to BestPlaces, the cost of living index for this region is 81.9, which is significantly lower than the national average of 100. This makes it a great option for people looking for an inexpensive place to settle down and raise a family. Housing costs are much lower than average, with a median home price of $145,000 and monthly rental costs averaging around $800 per month. Other expenses such as food and transportation are also relatively low when compared to other communities in Minnesota or nationwide.