Pickerel Lake, MN Cost of Living


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Pickerel Lake cost of living score
74.2
Less expensive
25.8% lower
than the US average
23.7% lower
than the Minnesota average
Pickerel Lake, Minnesota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 23.7% higher than the average for Minnesota.

Pickerel Lake, MN

Housing costs in Pickerel Lake?
A typical home costs $282,400, which is 16.5% less expensive than the national average of $338,100 and 8.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Pickerel 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 Pickerel Lake?
To live comfortably in Pickerel Lake, Minnesota, a minimum annual income of $54,000 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Pickerel Lake?
Pickerel Lake, MN is a great place to live due to its affordable cost of living. The city has a median home value of $153,700, which is much lower than the national average. Additionally, rents in Pickerel Lake are reasonably priced and range from $800 to $1,200 per month. Goods and services are also fairly priced compared to other cities; for example, groceries are about 7% lower than the national average and utilities cost about 8% less than the U.S. median rate. Residents of Pickerel Lake can enjoy a high quality of life with the city’s affordable cost of living.
   Cost of living score
     CategoriesPickerel LakeMinnesotaUnited States
  74.297.2100.0
  94.397.2100
  88.678.3100.0
  88.5102.9100.0
  $282,400$309,500$338,100
  96.8%95.7%100.0%
  67.896.4100.0
  93.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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