Perch Lake, MN Cost of Living


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Perch Lake cost of living score
85
Less expensive
15.0% lower
than the US average
12.6% lower
than the Minnesota average
Perch Lake, Minnesota gets a BestPlaces Cost of Living score of 85, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% lower than the U.S. average and 12.6% higher than the average for Minnesota.

Perch Lake, MN

Housing costs in Perch Lake?
A typical home costs $256,600, which is 24.1% less expensive than the national average of $338,100 and 17.1% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Perch Lake costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 6.9% cheaper than the state average of $1,240.

Can I afford Perch Lake?
To live comfortably in Perch Lake, Minnesota, a minimum annual income of $49,320 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Perch Lake?
Perch Lake, MN is a great place to live with a reasonable cost of living. The median home value in the city is around $220,000, which is significantly lower than many other cities in the area. The median household income is also quite good at around $58,800 per year. Utilities and other services are affordable and public transportation options are available. Overall, Perch Lake offers a great quality of life at an affordable price, making it a desirable place to live for many people.
   Cost of living score
     CategoriesPerch LakeMinnesotaUnited States
  85.097.2100.0
  97.297.2100
  87.178.3100.0
  70.6102.9100.0
  $256,600$309,500$338,100
  98.9%95.7%100.0%
  89.896.4100.0
  101.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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