Zip 55349 (Howard Lake, MN) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Howard Lake, Minnesota?
$4,890 / month
for a family, 9.4% less expensive than the national average A total of $58,680 for the year for a family.
$3,367 / month
for a single person, 29.4% less expensive than the national average A total of $40,400 for the year for a single person.

Howard Lake cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
Howard Lake (zip 55349), Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Zip 55349 (Howard Lake, MN)

Housing costs in Howard Lake?
A typical home costs $306,100, which is 9.5% less expensive than the national average of $338,100 and 1.1% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Howard Lake costs $1,240 per month, which is 0.0% cheaper than the national average of $1,240 and 12.9% cheaper than the state average of $1,400.

Can I afford Howard Lake?
To live comfortably in Howard Lake (zip 55349), Minnesota, a minimum annual income of $58,680 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Howard Lake?
55349 Howard Lake, MN is an affordable area to live in. The cost of living is relatively low, with the median home price lower than the national average. The median family income is slightly higher than the national average, but it is still considered to be more affordable than many other towns and cities. In addition, there are no state or local income taxes in this area, so residents can save even more money on their expenses. Overall, the cost of living in 55349 Howard Lake, MN is very favorable for those who want to make a budget-friendly move.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHoward LakeMinnesotaUnited States
    Unlock97.2100.0
  98.6  Unlock100.0
    Unlock78.3100.0
  92.5  Unlock100.0
    Unlock$309,500$338,100
  99.0  Unlock100.0
    Unlock96.4100.0
  121.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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