Housing costs in Lyle?
A typical home costs
$162,600, which is 51.9% less expensive than the national average of
$338,100 and 47.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lyle costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$1,240.
Can I afford Lyle?
To live comfortably in Lyle, Minnesota, a minimum annual income of
$31,320 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lyle?
The cost of living in Lyle, MN is quite reasonable compared to many other cities in the United States. The area's median home price is around $170,000, while the median household income is roughly $54,000. Property taxes and utilities are also affordable for the region. Additionally, there are a variety of stores and restaurants in the area that offer competitive prices on groceries and other necessities. All this combines to make Lyle an attractive option for people looking for a place to live with a lower cost of living than most other places.