Housing costs in Minnesota Lake?
A typical home costs
$191,100, which is 43.5% less expensive than the national average of
$338,100 and 38.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Minnesota Lake costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Minnesota Lake?
To live comfortably in Minnesota Lake, Minnesota, a minimum annual income of
$36,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Minnesota Lake?
The cost of living in Minnesota Lake, MN is very reasonable. The median home value is around $142,800, which is lower than the national median. The average rent for a two-bedroom apartment is approximately $1,084 per month. Furthermore, the cost of groceries, and other everyday costs are all relatively low compared to other places in the United States. People who are looking for a comfortable place to settle down with family might find living in Minnesota Lake to be an ideal choice due to its reasonable cost of living.