Housing costs in Lansing?
A typical home costs
$108,600, which is 67.9% less expensive than the national average of
$338,100 and 64.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lansing costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 27.8% cheaper than the state average of
$1,240.
Can I afford Lansing?
To live comfortably in Lansing, Minnesota, a minimum annual income of
$20,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lansing?
Lansing, MN is a relatively affordable place to live. The cost of living in this Midwestern town is about 15% lower than the national average. Housing prices are quite reasonable, and many properties are well below market value due to the town's economic stability. The median home price in Lansing is around $150,000, and there are several apartment and condominium options available for even less. Other costs such as groceries, utilities, transportation, healthcare and entertainment tend to be on par with the national average, making it easy for anyone to make ends meet in Lansing.