Housing costs in Long Lake?
A typical home costs
$395,500, which is 17.0% more expensive than the national average of
$338,100 and 27.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Long Lake costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 25.7% more than the state average of
$1,240.
Can I afford Long Lake?
To live comfortably in Long Lake, Minnesota, a minimum annual income of
$75,960 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Long Lake?
The cost of living in Long Lake, MN is generally considered to be quite reasonable. The median household income is just over $70,000, and the median home value is approximately $272,500. In addition to the low cost of living, there are also plenty of affordable housing options available, as well as unique restaurants and shopping opportunities. Overall, Long Lake offers a great balance between affordability and quality of life.