Housing costs in Wilmont?
A typical home costs
$123,700, which is 63.4% less expensive than the national average of
$338,100 and 60.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wilmont costs
$910 per month, which is 26.6% cheaper than the national average of
$1,240 and close to the state average of
$920.
Can I afford Wilmont?
To live comfortably in Wilmont (zip 56185), Minnesota, a minimum annual income of
$23,760 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Wilmont?
The cost of living in 56185 Wilmont, MN is quite reasonable. According to BestPlaces, the overall cost of living index in Wilmont is 8% lower than the United States average. Groceries are 4% lower than the U.S. average, while housing costs are substantially lower at 30% below the national average. This makes Wilmont a great place for those looking for an affordable and safe place to live. Transportation costs are also on the low-end, with gasoline prices 9% below the national average and public transportation fares 15% cheaper than other cities in the United States. All these factors combined make 56185 Wilmont, MN a great value for money option for those looking for a place to call home.