Housing costs in Lake George CDP (Hubbard County)?
A typical home costs
$230,500, which is 31.8% less expensive than the national average of
$338,100 and 25.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lake George CDP (Hubbard County) costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 37.8% cheaper than the state average of
$1,240.
Can I afford Lake George CDP (Hubbard County)?
To live comfortably in Lake George CDP (Hubbard County), Minnesota, a minimum annual income of
$44,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lake George CDP (Hubbard County)?
The cost of living in Lake George, MN is relatively affordable compared to other places in the state. The median home value is around $167,506 and the median household income is $51,664. Renting a two-bedroom apartment typically costs between $700 and $900 per month. Groceries are also very affordable with typical costs averaging around 10% less than the national average. Utilities, transportation, and other necessities are also generally lower than the national average which makes living in Lake George a great option for those looking for an attractive price point combined with a great quality of life.