Much like its surrounding areas, it is a lot less expensive compared to the United States as a whole. It is significantly less expensive compared to the city of Minneapolis.
Home prices
The median home price in Royalton is $141,300. This is roughly $6,800 (4%) lower compared to its nearby areas.In comparison to the rest of the nation it is about $76,200 (35%) lower, and it is approximately $110,300 (43%) lower in comparison to the city of Minneapolis.
Rents
In Royalton the median rent is $690 a month. Compared to nearby areas this is roughly $15 (2%) lower.It is roughly $372 (35%) lower in comparison to the rest of the country, and is approximately $337 (32%) lower compared to the city of Minneapolis.
Nearby places
Bowlus
Bowlus is about 4 miles west from Royalton. Real estate prices there are a little less expensive. The median home in Bowlus costs $116,900, which comes out to $24,400 (20%) lower than Royalton. Rent there is a little more expensive. The median rent in Bowlus is $791 a month, which comes out to $101 (12%) higher than Royalton.
Rice
Rice is roughly 5 miles southeast of Royalton. Its housing prices are a little more expensive. The price of the median home in Rice is $167,800, which comes out to $26,500 (15%) higher than Royalton. Its rents are pretty similar. Rice's median monthly rent is $671, which is $19 (2%) lower than Royalton.
St. Stephen
St. Stephen is approximately 8 miles south of Royalton. Its real estate prices are somewhat more expensive. The median home in St. Stephen is valued at $171,700, which works out to $30,400 (17%) higher than Royalton. Its rents are pretty similar. St. Stephen's median rent is $675 a month, which works out to $15 (2%) lower than Royalton.
Buckman
Buckman is approximately 9 miles northeast from Royalton. The housing prices there are somewhat more expensive. The median home in Buckman is valued at $159,100, which comes out to $17,800 (11%) higher than Royalton. Rents there are a little more expensive. In Buckman the median monthly rent is $775, which works out to $85 (10%) higher than Royalton.
Holdingford
Holdingford is roughly 9 miles southwest of Royalton. Real estate prices there are somewhat less expensive. The median home cost in Holdingford is $125,000, which is $16,300 (13%) lower than Royalton. The rent there is a little less expensive. The median rent in Holdingford is $614 a month, which is $76 (12%) lower than Royalton.
