Housing costs in Coleraine?
A typical home costs
$177,600, which is 47.5% less expensive than the national average of
$338,100 and 42.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Coleraine costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$1,240.
Can I afford Coleraine?
To live comfortably in Coleraine (zip 55722), Minnesota, a minimum annual income of
$34,200 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Coleraine?
The cost of living in 55722 Coleraine, MN is relatively low, making it a great place to live for those on a budget. The median home value in the area is around $132,505 according to Zillow, and the median household income is around $54,844. Renters can find plenty of reasonably-priced apartments as well; the median rent price is approximately $827 per month. Eating out and grocery shopping are also generally affordable in this area; food costs about 8 percent lower than the national average. Overall, 55722 Coleraine offers residents a comfortable lifestyle at an affordable price.