Housing costs in Gail Lake?
A typical home costs
$213,100, which is 37.0% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Gail Lake costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 39.3% more than the state average of
$1,240.
Can I afford Gail Lake?
To live comfortably in Gail Lake, Minnesota, a minimum annual income of
$40,680 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Gail Lake?
Gail Lake, MN is known for its affordable cost of living. Residents pay a median home price of about $170,000, well below the national average. The cost of renting in Gail Lake is also competitive with the state and national averages. Utilities such as electricity and water are relatively inexpensive compared to other cities. Groceries are generally reasonably priced as well. Gail Lake also offers a wide variety of dining options that cater to all budgets. Overall, Gail Lake is an excellent choice for people looking for a place to live in Minnesota that won't break the bank.