Housing costs in Le Ray?
A typical home costs
$480,300, which is 42.1% more expensive than the national average of
$338,100 and 55.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Le Ray costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$1,240.
Can I afford Le Ray?
To live comfortably in Le Ray, Minnesota, a minimum annual income of
$92,160 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Le Ray?
The cost of living in Le Ray, MN is relatively low compared to the national average. The median home value is just over $75,000, and the median rental price for a two-bedroom apartment is around $600 per month. The average monthly utilities cost is around $100 per month. In addition, grocery prices are fairly reasonable and food is generally plentiful. Gas prices are also typically lower in Le Ray than in other parts of the state. All of these factors combine to make Le Ray an attractive and affordable place to live for those looking to stay within budget.