Cost of Living in Forada, MN
Population: 140 | Minnesota
Forada is 7% less expensive than the national average.
Cost of Living in Forada, MN: What You Need to Know
With a cost of living index of 93, Forada, MN is slightly more affordable than average. Living here is 7% cheaper than the national average and 11% above the Minnesota state average of 82. Forada is a small community of 140 residents.
The median household income in Forada is $68,750, which is 9% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Forada. The area sees an average annual temperature of 42.5°F, with summers averaging 68°F and winters around 14°F. Annual rainfall totals 24.1 inches spread over roughly 92 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $68,750
- vs US Median ($75,149)
- -9%
Housing
- Median Home Value
- $233,300
- Median Monthly Housing Cost
- $1,138/mo
Climate in Forada
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 19 | 24 | 37 | 52 | 66 | 76 | 80 | 78 | 70 | 55 | 38 | 24 |
| Avg °F | 11 | 15 | 28 | 43 | 56 | 66 | 71 | 69 | 60 | 46 | 30 | 17 |
| Low °F | 2 | 6 | 19 | 33 | 46 | 56 | 61 | 59 | 50 | 37 | 23 | 10 |
| Rain" | 0.4 | 0.4 | 1.0 | 2.0 | 3.1 | 3.7 | 4.0 | 3.5 | 2.6 | 2.2 | 0.8 | 0.4 |