Housing costs in Wrenshall?
A typical home costs
$246,800, which is 27.0% less expensive than the national average of
$338,100 and 20.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wrenshall costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 5.3% more than the state average of
$1,240.
Can I afford Wrenshall?
To live comfortably in Wrenshall (zip 55797), Minnesota, a minimum annual income of
$47,160 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Wrenshall?
The cost of living in 55797 Wrenshall, MN is quite affordable. The median home value in the area is $152,000, which is significantly lower than both the state and national average. Additionally, monthly rent for a two bedroom apartment averages around $750. Food costs are also very reasonable with an average of just under $50 for a meal for two at a mid-range restaurant. Taxes in the area are low as well, with no state or local income tax imposed on residents of Wrenshall. Overall, the cost of living in Wrenshall is quite appealing to those looking for an affordable place to call home.