Housing costs in Fine Lakes?
A typical home costs
$395,800, which is 17.1% more expensive than the national average of
$338,100 and 27.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Fine Lakes costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 51.2% more than the state average of
$1,240.
Can I afford Fine Lakes?
To live comfortably in Fine Lakes, Minnesota, a minimum annual income of
$75,960 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Fine Lakes?
The cost of living in Fine Lakes, MN is quite reasonable compared to other areas of the state. The median home price is around $300,000 and the median rent for a two-bedroom apartment is around $1,200 per month. With the low unemployment rate and steady job growth, this area offers a great quality of life while still being affordable. In addition, the local taxes are relatively low, making it an attractive option for those looking to live in Minnesota without breaking the bank.