Housing costs in Rush Lake?
A typical home costs
$366,600, which is 8.4% more expensive than the national average of
$338,100 and 18.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Rush Lake costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 40.9% more than the state average of
$1,240.
Can I afford Rush Lake?
To live comfortably in Rush Lake, Minnesota, a minimum annual income of
$70,200 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Rush Lake?
The cost of living in Rush Lake, MN is relatively affordable. The median home value is around $120,000, which is significantly lower than the national median home value of $220,000. The median household income is slightly below the national average at $50,600 per year. While there are some higher-priced homes available in certain areas, overall housing prices still remain fairly reasonable for most citizens. Additionally, the cost of utilities and other necessities such as groceries are also lower compared to other cities in the region. Overall, Rush Lake offers a great quality of life at an affordable price.