Housing costs in Lund?
A typical home costs
$282,700, which is 16.4% less expensive than the national average of
$338,100 and 8.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lund costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 39.3% more than the state average of
$1,240.
Can I afford Lund?
To live comfortably in Lund, Minnesota, a minimum annual income of
$54,000 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Lund?
The cost of living in Lund, MN is generally quite reasonable. Groceries and other essentials are affordable and the local housing market is quite reasonable as well. Many families find that they can comfortably live within their means in this small town. The tax rate is low compared to other areas of Minnesota, making it an ideal place for those looking to stretch their budget. There are also plenty of recreational opportunities nearby for anyone looking to take advantage of the beautiful outdoors the area has to offer.