Housing costs in Ranier?
A typical home costs
$160,800, which is 52.4% less expensive than the national average of
$338,100 and 48.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ranier costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Ranier?
To live comfortably in Ranier (zip 56668), Minnesota, a minimum annual income of
$30,960 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ranier?
Living in 56668 Ranier, MN can be quite affordable. The median home cost is just $112,500, which is significantly lower than the national average. Renters can also find affordable housing with a median rent of $743 per month. The cost of groceries and utilities are slightly above the national averages, but not by much. Overall, 56668 Ranier offers a comfortable lifestyle at an affordable price.