Housing costs in Cottonwood Lake?
A typical home costs
$170,700, which is 49.5% less expensive than the national average of
$338,100 and 29.1% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Cottonwood Lake costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Cottonwood Lake?
To live comfortably in Cottonwood Lake, North Dakota, a minimum annual income of
$32,760 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Cottonwood Lake?
The cost of living in Cottonwood Lake, ND is very affordable compared to other parts of the country. The average cost of a home is much less than the national average, with an average cost per square foot closer to $100. In addition, the median household income is well below the national level, making it easy for families to make ends meet on a budget. Groceries and everyday goods are also reasonably priced. While there may not be as many recreational attractions as in larger cities, there are plenty of outdoor activities like fishing and hiking that provide excellent entertainment at low cost.