Housing costs in Lake Benton?
A typical home costs
$146,900, which is 56.6% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lake Benton costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 51.2% cheaper than the state average of
$1,240.
Can I afford Lake Benton?
To live comfortably in Lake Benton (zip 56149), Minnesota, a minimum annual income of
$28,080 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lake Benton?
The cost of living in Lake Benton, MN (Zipcode 56149) is slightly lower than the national average. The median home value is $96,100, which is 18% lower than the United States average. The median rent for a two bedroom apartment averages around $711 per month, and gas prices are also lower than the US average. Groceries and utilities are all on par with the US averages. Overall, Lake Benton offers an affordable place to live in Minnesota.