Housing costs in Lyons township (Lyon County)?
A typical home costs
$278,200, which is 17.7% less expensive than the national average of
$338,100 and 10.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lyons township (Lyon County) costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Lyons township (Lyon County)?
To live comfortably in Lyons township (Lyon County), Minnesota, a minimum annual income of
$53,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lyons township (Lyon County)?
The cost of living in Lyons Township, Lyon County, Minnesota is fairly reasonable. The median home value is roughly $91,500 as of 2020, representing a modest rise in home values throughout the last decade. The median household income is estimated to be $44,400 annually. This allows households to maintain a budget-friendly lifestyle and take advantage of local amenities. Most groceries and other necessities can be found at affordable prices around town. Although housing costs tend to be low in terms of rent, there are still some areas that may have higher rental prices due to their close proximity to larger cities like Minneapolis or St. Paul. Overall, Lyons Township provides an ideal balance between quality of life and affordability.