Housing costs in Washington Lake?
A typical home costs
$357,900, which is 5.9% more expensive than the national average of
$338,100 and 15.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Washington Lake costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 13.9% more than the state average of
$1,240.
Can I afford Washington Lake?
To live comfortably in Washington Lake, Minnesota, a minimum annual income of
$68,400 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Washington Lake?
Washington Lake, MN is known for its affordability. The cost of living is quite low compared to many other cities in the country. The median home value in Washington Lake is just under $200,000, making it an attractive option for those looking to purchase a home. Additionally, the average price of a gallon of gas is lower than most places in the United States, and overall taxes are relatively low compared to some neighboring states. The cost of groceries and utilities tend to be pretty reasonable as well. All things considered, Washington Lake offers an affordable lifestyle that can easily fit within most budgets.