Housing costs in Willmar?
A typical home costs
$206,900, which is 38.8% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Willmar costs
$840 per month, which is 32.3% cheaper than the national average of
$1,240 and close to the state average of
$850.
Can I afford Willmar?
To live comfortably in Willmar (zip 56201), Minnesota, a minimum annual income of
$39,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Willmar?
The cost of living in 56201 Willmar, MN is quite reasonable compared to many other areas of the United States. The median home price in the area is $127,400 which leaves plenty of room for further negotiation when it comes to purchasing a home. The median income in the area is also relatively low at around $38,988 which makes it a great place to get started with a career or even start a family. The overall cost of living index for Willmar is 97.5 which means that it’s cheaper than the national average by about 2.5%. Additionally, groceries and utilities are both fairly inexpensive in the area compared to other parts of the country so you can get more bang for your buck when it comes to those types of expenses. All in all, 56201 Willmar, MN provides an affordable way to live for those who are looking to settle down and call this area their home.