Housing costs in Pike Bay?
A typical home costs
$116,400, which is 65.6% less expensive than the national average of
$338,100 and 62.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Pike Bay 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 Pike Bay?
To live comfortably in Pike Bay, Minnesota, a minimum annual income of
$22,320 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Pike Bay?
Pike Bay, MN has an affordable cost of living. The city offers a variety of housing options at reasonable prices, with some of the most popular neighborhoods offering homes for around $150,000. The average rent in Pike Bay is also quite low compared to other cities in the country, coming in at around $800 per month. Additionally, food and entertainment costs are quite manageable in Pike Bay as well. Groceries generally cost less than the national average and there is plenty of opportunity for a fun night out without breaking the bank. All-in-all, Pike Bay is an excellent place to live on a budget!