Housing costs in Battle Lake?
A typical home costs
$393,500, which is 16.4% more expensive than the national average of
$338,100 and 27.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Battle Lake costs
$750 per month, which is 39.5% cheaper than the national average of
$1,240 and 14.7% cheaper than the state average of
$860.
Can I afford Battle Lake?
To live comfortably in Battle Lake (zip 56515), Minnesota, a minimum annual income of
$75,240 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Battle Lake?
The cost of living in 56515 Battle Lake, MN is very affordable. The median home value in the area is $139,200, which is significantly lower than the national average of $184,700. Rent for a one-bedroom apartment averages around $600 per month and utilities are also relatively inexpensive. Eating out costs are reasonable as well; a meal at an inexpensive restaurant will typically run between $10 - $15 while meals at mid-range restaurants usually cost about $20 - $30. Overall, living in 56515 Battle Lake, MN is very affordable and provides residents with access to all the amenities they need while keeping their costs down.