Lakeview, MN Cost of Living


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Lakeview cost of living score
85
Less expensive
15.0% lower
than the US average
12.6% lower
than the Minnesota average
Lakeview, Minnesota gets a BestPlaces Cost of Living score of 85, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% lower than the U.S. average and 12.6% higher than the average for Minnesota.

Lakeview, MN

Housing costs in Lakeview?
A typical home costs $320,600, which is 5.2% less expensive than the national average of $338,100 and 3.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lakeview costs $920 per month, which is 35.7% more than the national average of $1,430 and 34.8% more than the state average of $1,240.

Can I afford Lakeview?
To live comfortably in Lakeview, Minnesota, a minimum annual income of $61,560 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Lakeview?
The cost of living in Lakeview, MN is very reasonable compared to other places in the country. Housing prices are typically lower than state and national averages. Utilities are also relatively low, making it a great place for families or those on a budget. Groceries and other items can be more expensive than other cities, but there is still a wide variety of options available. Overall, Lakeview offers an affordable lifestyle with plenty of activities for everyone to enjoy.
   Cost of living score
     CategoriesLakeviewMinnesotaUnited States
  85.097.2100.0
  97.697.2100
  87.178.3100.0
  75.8102.9100.0
  $320,600$309,500$338,100
  95.2%95.7%100.0%
  89.596.4100.0
  102.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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