Much like its nearby areas, it is a lot less expensive compared to the country as a whole. Compared to the city of Mankato, it is substantially less expensive.
Home prices
The median home price in Graettinger is $66,500. Compared to its surrounding areas this is roughly $3,100 (4%) lower.In comparison to the United States as a whole it is approximately $151,000 (69%) lower, and compared to the city of Mankato it is roughly $112,900 (62%) lower.
Rents
The median rent in Graettinger is $494 per month. It is roughly $131 (20%) lower in comparison to other places in this area.Compared to the rest of the country it is about $568 (53%) lower, and it is about $405 (45%) lower in comparison to the city of Mankato.
Nearby places
Wallingford
Wallingford is about 5 miles north of Graettinger. Real estate prices there are a bit more expensive. The median home value in Wallingford is $85,000, which is $18,500 (21%) higher than Graettinger. The rent there is somewhat more expensive. Wallingford's median monthly rent is $650, which works out to $156 (24%) higher than Graettinger.
Emmetsburg
Emmetsburg is roughly 8 miles south from Graettinger. Real estate prices there are a lot more expensive. Emmetsburg's median home cost is $112,900, which works out to $46,400 (41%) higher than Graettinger. Rent there is somewhat more expensive. Emmetsburg's median rent is $620 per month, which works out to $126 (20%) higher than Graettinger.
Ruthven
Ruthven is roughly 9 miles southwest from Graettinger. Its real estate prices are somewhat less expensive. The median home in Ruthven is valued at $59,900, which comes out to $6,600 (11%) lower than Graettinger. Rents there are pretty similar. Ruthven's median rent is $486 a month, which comes out to $8 (1%) lower than Graettinger.
Terril
Terril is roughly 10 miles northwest from Graettinger. Its real estate prices are a little less expensive. The value of the median home in Terril is $56,300, which comes out to $10,200 (18%) lower than Graettinger. Rent there is a lot more expensive. Terril's median monthly rent is $842, which is $348 (41%) higher than Graettinger.
Ringsted
Ringsted is approximately 11 miles east from Graettinger. The real estate prices there are substantially less expensive. The cost of the median home in Ringsted is $33,900, which comes out to $32,600 (96%) lower than Graettinger. The rent there is a little more expensive. In Ringsted the median monthly rent is $525, which works out to $31 (5%) higher than Graettinger.