Lake Lillian, MN Cost of Living


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Lake Lillian cost of living score
80.4
Less expensive
19.6% lower
than the US average
17.3% lower
than the Minnesota average
Lake Lillian, Minnesota gets a BestPlaces Cost of Living score of 80.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.6% lower than the U.S. average and 17.3% higher than the average for Minnesota.

Lake Lillian, MN

Housing costs in Lake Lillian?
A typical home costs $250,600, which is 25.9% less expensive than the national average of $338,100 and 19.0% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lake Lillian costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 47.6% cheaper than the state average of $1,240.

Can I afford Lake Lillian?
To live comfortably in Lake Lillian, Minnesota, a minimum annual income of $47,880 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Lake Lillian?
Lake Lillian, MN is a great place to live for those looking for a relatively low cost of living. The cost of buying or renting a home in the area is significantly lower than average, with the median listing price for homes in the city being around $140,000 USD. Additionally, groceries and general goods are fairly priced when compared to other nearby cities in the Midwest. Residents can expect to pay less on utilities like electricity and water as well. With its low cost of living and close proximity to larger cities like Minneapolis and St. Paul, Lake Lillian is an ideal place to live for those looking for an affordable way of life.
   Cost of living score
     CategoriesLake LillianMinnesotaUnited States
  80.497.2100.0
  96.497.2100
  82.478.3100.0
  66.0102.9100.0
  $250,600$309,500$338,100
  99.0%95.7%100.0%
  67.496.4100.0
  96.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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