Housing costs in Lonsdale?
A typical home costs
$325,300, which is 3.8% less expensive than the national average of
$338,100 and 5.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lonsdale costs
$1,090 per month, which is 12.1% cheaper than the national average of
$1,240 and close to the state average of
$1,070.
Can I afford Lonsdale?
To live comfortably in Lonsdale (zip 55046), Minnesota, a minimum annual income of
$62,280 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lonsdale?
The cost of living in 55046 Lonsdale, MN is relatively affordable. Despite the recent increase in housing prices, it is still well below the national average with a median home value of $168,500. The median monthly rent for two-bedroom apartments is around $900 and the local grocery stores are typically priced competitively. Utilities such as electricity, water, and gas tend to run on the higher side compared to other areas, but overall they remain affordable for most residents. Additionally, transportation costs tend to be lower than the national average thanks to a number of public transportation options available in the area.