Housing costs in Eagle Lake township (Otter Tail County)?
A typical home costs
$470,600, which is 39.2% more expensive than the national average of
$338,100 and 52.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Eagle Lake township (Otter Tail County) costs
$830 per month, which is 42.0% more than the national average of
$1,430 and 49.4% more than the state average of
$1,240.
Can I afford Eagle Lake township (Otter Tail County)?
To live comfortably in Eagle Lake township (Otter Tail County), Minnesota, a minimum annual income of
$90,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Eagle Lake township (Otter Tail County)?
The cost of living in Eagle Lake township, MN is slightly higher than the national average. The median home cost in Eagle Lake township is $232,646, which is 15% above the Minnesota average and 6% higher than the national median. The cost of groceries and healthcare are slightly higher than the national average as well. Property taxes in Eagle Lake are also significantly higher than both state and national averages, making it an expensive place to live. On the other hand, transportation costs are lower than many other areas due to its proximity to major highways. Overall, Eagle Lake township is an expensive place to live but offers a rural setting with amenities nearby.