Housing costs in Eden Lake?
A typical home costs
$398,900, which is 18.0% more expensive than the national average of
$338,100 and 28.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Eden Lake costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Eden Lake?
To live comfortably in Eden Lake, Minnesota, a minimum annual income of
$76,320 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Eden Lake?
Eden Lake, MN is an affordable place to live, with a low cost of living compared to the national average. The median home price in Eden Lake is $120,000, which is significantly lower than the national median of $200,000. Apartments remain similarly priced, with a one-bedroom typically costing around $750 per month. Utilities tend to be low as well; public transportation is affordable and gas prices are below the national average. On top of this, many local businesses offer discounts and promotions for those who live in town. All in all, Eden Lake provides an excellent lifestyle at a fraction of the cost of more expensive cities.