Housing costs in Lino Lakes?
A typical home costs
$351,600, which is 4.0% more expensive than the national average of
$338,100 and 13.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lino Lakes costs
$1,600 per month, which is 29.0% more than the national average of
$1,240 and 12.5% more than the state average of
$1,400.
Can I afford Lino Lakes?
To live comfortably in Lino Lakes (zip 55014), Minnesota, a minimum annual income of
$67,320 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Lino Lakes?
The cost of living in 55014 Lino Lakes, MN is quite reasonable. The average home price is around $300,000 and the median household income is approximately $87,000. This allows for homeowners to comfortably afford their mortgage payments and any additional costs associated with owning a home. Additionally, the local cost of goods and services are relatively low compared to other cities in Minnesota and the United States as a whole. If you're looking for a place that offers an affordable lifestyle without compromising on quality of life, Lino Lakes may be the perfect option for you.