Housing costs in Lake Marshall?
A typical home costs
$319,400, which is 5.5% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lake Marshall 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 Lake Marshall?
To live comfortably in Lake Marshall, Minnesota, a minimum annual income of
$61,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Marshall?
The cost of living in Lake Marshall, MN is very affordable. The area offers a low cost of living with an average home price just over $100,000. The median household income is above the state average, and most residents find their costs of living to be well within their budgets. Property taxes are also quite reasonable compared to other areas in Minnesota. The town has several grocery stores, restaurants, and other amenities, making it easy to budget for basic needs while still having access to plenty of shopping options.