Housing costs in Wright?
A typical home costs
$200,700, which is 40.6% less expensive than the national average of
$338,100 and 35.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wright costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Wright?
To live comfortably in Wright (zip 55798), Minnesota, a minimum annual income of
$38,520 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Wright?
The cost of living in 55798 Wright, MN is relatively affordable compared to other cities in the United States. The median home value in the area is $164,800, which is lower than the national average of $231,200. Renters can also benefit from more affordable prices with the median rent sitting at $1,152 per month. Utilities are also a bit more affordable for residents than for those living in other parts of the country, with an average monthly cost of only $118. Transportation costs are also surprisingly low as there are multiple public transportation options available and gas prices that are below the national average. Overall, 55798 Wright, MN provides an attractive option for those looking for an affordable place to live without sacrificing quality of life.