Housing costs in Ponto Lake?
A typical home costs
$280,500, which is 17.0% less expensive than the national average of
$338,100 and 9.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ponto Lake costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 42.5% more than the state average of
$1,240.
Can I afford Ponto Lake?
To live comfortably in Ponto Lake, Minnesota, a minimum annual income of
$53,640 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Ponto Lake?
The cost of living in Ponto Lake, MN is quite reasonable. The median home price in the area is around $180,000 which is below the national median and provides an affordable option for those looking to relocate or purchase a home. Additionally, groceries and utilities are also relatively inexpensive. Overall, Ponto Lake is an attractive place to live that won't break the bank for anyone looking to move there.