Housing costs in Clear Lake?
A typical home costs
$359,900, which is 6.4% more expensive than the national average of
$338,100 and 16.3% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Clear Lake costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 10.1% more than the state average of
$1,240.
Can I afford Clear Lake?
To live comfortably in Clear Lake (zip 55319), Minnesota, a minimum annual income of
$69,120 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Clear Lake?
The cost of living in 55319 Clear Lake, MN is relatively low compared to other cities in the United States. There are not many major businesses or industries in town, but the small-town charm makes up for this. The median home price is around $150,000 and housing costs are generally lower than the national average. Groceries and transportation are also more affordable here than most places around the country. In addition, taxes are lower overall in Clear Lake than anywhere else across the state of Minnesota. This makes the cost of living very attractive for families who want a relaxed way of life without sacrificing too much financially.