Housing costs in Hoyt Lakes?
A typical home costs
$100,700, which is 70.2% less expensive than the national average of
$338,100 and 67.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hoyt Lakes costs
$920 per month, which is 25.8% cheaper than the national average of
$1,240 and 17.4% cheaper than the state average of
$1,080.
Can I afford Hoyt Lakes?
To live comfortably in Hoyt Lakes (zip 55750), Minnesota, a minimum annual income of
$19,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Hoyt Lakes?
The cost of living in 55750 Hoyt Lakes, MN is generally considered to be quite affordable. The median home value is $73,800, and the average rental price for a two-bedroom apartment is $654 per month. Transportation costs are also relatively low, with the average cost of a one-way bus ticket costing only $2.50. All in all, Hoyt Lakes provides an attractive option for those looking for a more affordable place to live.