Housing costs in Lino Lakes?
A typical home costs
$401,300, which is 18.7% more expensive than the national average of
$338,100 and 29.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lino Lakes costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 26.2% more than the state average of
$1,240.
Can I afford Lino Lakes?
To live comfortably in Lino Lakes, Minnesota, a minimum annual income of
$77,040 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Lino Lakes?
The cost of living in Lino Lakes, MN is slightly above the national average. Housing costs are around 8% higher than the national average, but transportation and healthcare expenses are roughly the same. The overall cost of goods and services is also slightly higher than average, though this varies depending on where you’re shopping. Despite this, many still find that living in Lino Lakes to be a great value due to its excellent location and amenities. From abundant parks and trails to quality schools and businesses, there’s no shortage of activities for locals to enjoy while keeping their expenses low.