Housing costs in Battle Lake?
A typical home costs
$412,000, which is 21.9% more expensive than the national average of
$338,100 and 33.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Battle Lake costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Battle Lake?
To live comfortably in Battle Lake, Minnesota, a minimum annual income of
$78,840 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Battle Lake?
The cost of living in Battle Lake, MN is quite affordable compared to other cities in the region. The median home price is just over $145,000, making it a great place to buy a house for a reasonable price. Additionally, the overall cost of living index is at 84.3%, which is below the national average of 100%. This means that residents can enjoy lower prices on goods and services than many other areas in the country. Property taxes are also quite reasonable at an average of 1.179% of a home's assessed value, and utilities rates are also relatively low. All in all, Battle Lake offers its residents great affordability and economic stability while still providing plenty of recreational opportunities and amenities for them to enjoy.