I’ve been working my way toward Minnesota for a while now, and this confirms my goal.
Lots of fresh water, waaaay lower housing/rental costs than (every?) other blue state, its a blue state so I qualify for SNAP and other kinds of assistance (I don’t in red states as they set their income thresholds waaay lower)…
Oh, and the place isn’t burning down/flooding.
I probably can’t afford Minneapolis/St. Paul, but Rochester looks decent.
Hahaha!
Whats the median home cost now?
Apparently its $420k.
https://www.fool.com/money/research/average-house-price-state/
And whats the median household income in the US?
About $75k.
https://fred.stlouisfed.org/graph/?g=1f6wy#0
So, without a mortgage, thats uh, you know, just be homeless, eat nothing, drive nothing, just work for 5.6 yrs and save it all, then you can buy a house without a mortgage!
Or ok, fine, put 20% of your money away each month… then you can buy a house in uh… 28 years!
Please tell me this also comes with a new map set in Ohio.
Literally proven to ruin attention span in children and essentially cause ADHD, can also easily cause depression by constantly seeing (usually) fake people flaunting their (usually) fake life and wealth.
Not to mention the proliferation of insane conspiracy theories, absolute nonsense and usually harmful ‘advice’ of one kind or another, ‘being rich is the only thing that matters so here is a scam to show you how!’ of all kinds of flavors…
Brain rot.
I noticed that quite quickly just from the city’s wiki page, that it’s dominated by the Mayo Clinic…
But I don’t know too much about MN other than very top down, broad metrics kinda stuff.
(Also I’m from Seattle originally and am entirely used to the local media being basically, if not literally, just on the payroll for Boeing, Starbucks, Amazon, MSFT…)
Are there any other comparably sized towns/cities, where one could rent a studio or one bed at or under $750?
So far the other option I’ve considered is Duluth, but it seems to have a far smaller rental market at $750 or below.
…
Also just in general, more comparative benefits I’ve noticed for living in Minnesota:
Rental property tax rebate.
Basically, you, as a renter, get a rebate each year based on a portion of an estimate of how much of your rent goes toward paying your landlord’s property taxes.
If my understanding is correct, this is actual cash given back to you, not just a tax credit. Though that may only work that way for someone like me, on SSDI… probably I should double check that.
Also, it seems like most of MN uses a 2.5x income to rent ratio requirement, as opposed to basically every blue state which uses a 3x ratio.
Shit like that makes a considerable difference when you’re on disability.