Housing costs in Spring Lake Park?
A typical home costs
$274,400, which is 18.8% less expensive than the national average of
$338,100 and 11.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Spring Lake Park costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 8.1% more than the state average of
$1,240.
Can I afford Spring Lake Park?
To live comfortably in Spring Lake Park, Minnesota, a minimum annual income of
$52,560 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Spring Lake Park?
The cost of living in Spring Lake Park, MN is highly affordable and quite reasonable, making it a great destination for those looking to live on a budget. The median home price in the city is around $212,400, with rental rates typically ranging from $900 to $1,200 per month. Additionally, the overall cost of groceries and essential items like gas is lower than the national average. This makes Spring Lake Park an attractive option for those who are looking for an affordable place to live without sacrificing amenities or convenience.