Housing costs in Tracy?
A typical home costs
$101,300, which is 70.0% less expensive than the national average of
$338,100 and 67.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Tracy 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 Tracy?
To live comfortably in Tracy, Minnesota, a minimum annual income of
$19,440 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Tracy?
The cost of living in Tracy, MN is relatively low compared to other cities and states. According to the Cost of Living Index published by The Council for Community and Economic Research (C2ER), Tracy falls well below the national average for cost of living. Housing costs are especially low, with an average home costing $104,400 which is almost half the national median home price. Other expenses such as food, utilities and transportation are also low compared to the rest of the country. All these factors contribute to Tracy being a very affordable place to live.