Housing costs in Lamberton?
A typical home costs
$74,600, which is 77.9% less expensive than the national average of
$338,100 and 75.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lamberton costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Lamberton?
To live comfortably in Lamberton, Minnesota, a minimum annual income of
$14,400 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Lamberton?
The cost of living in Lamberton, MN is generally quite affordable. Housing prices are relatively low compared to surrounding areas, with an average home value of $95,000. The median rent is also a reasonable $623 per month. Grocery and utility costs are also reasonable for the area, making it a great place for those on a budget or looking to save money. Overall, expenses in Lamberton tend to be lower than other towns nearby, making it an attractive option for those in search of an affordable cost-of-living.