Housing costs in Thunder Lake?
A typical home costs
$381,700, which is 12.9% more expensive than the national average of
$338,100 and 23.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Thunder 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 Thunder Lake?
To live comfortably in Thunder Lake, Minnesota, a minimum annual income of
$73,080 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Thunder Lake?
The cost of living in Thunder Lake, MN is relatively affordable compared to other parts of the state. While housing can be expensive due to its popularity as a tourist town, overall the cost of living is relatively low. Groceries, gasoline, utilities, and other necessities tend to be cheaper than in larger cities or more populous areas. While there are limited job opportunities available in Thunder Lake itself, many people commute to nearby towns for work and take advantage of the lower cost of living in the area. Overall Thunder Lake offers a great quality of life at an affordable price.