Housing costs in Lake Lillian township?
A typical home costs
$283,700, which is 16.1% less expensive than the national average of
$338,100 and 8.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lake Lillian township costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 47.6% more than the state average of
$1,240.
Can I afford Lake Lillian township?
To live comfortably in Lake Lillian township, Minnesota, a minimum annual income of
$54,360 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lake Lillian township?
The cost of living in Lake Lillian Township, MN is relatively low compared to the rest of the country. Housing is very affordable, with the median home price being around $130,000. Additionally, groceries are also fairly inexpensive due to its rural setting and low population density. It's also worth noting that there are no state taxes in Minnesota so residents enjoy the benefit of lower overall taxes than most parts of the US. All in all, Lake Lillian Township is a great place to live if you're on a budget or looking for an affordable place to call home.