Zip 55953 (Lyle, MN) Cost of Living


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How much do I need to live in Lyle, Minnesota?
$2,550 / month
for a family, 52.8% less expensive than the national average A total of $30,600 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Lyle cost of living score
76.3
Less expensive
23.7% lower
than the US average
21.5% lower
than the Minnesota average
Lyle (zip 55953), Minnesota gets a BestPlaces Cost of Living score of 76.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.7% lower than the U.S. average and 21.5% higher than the average for Minnesota.

Zip 55953 (Lyle, MN)

Housing costs in Lyle?
A typical home costs $159,800, which is 52.7% less expensive than the national average of $338,100 and 48.4% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Lyle costs $990 per month, which is 20.2% cheaper than the national average of $1,240 and 2.0% more than the state average of $970.

Can I afford Lyle?
To live comfortably in Lyle (zip 55953), Minnesota, a minimum annual income of $30,600 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Lyle?
The cost of living in 55953 Lyle, MN is relatively affordable compared to some other cities and towns. The median home value in the area is around $192,000, which is significantly lower than the national average. Groceries and health care are also quite affordable as essential goods and services are readily available to those living in this area. Overall, the cost of living in 55953 Lyle, MN is an excellent option for those looking for a place to settle down while still living within their means.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLyleMinnesotaUnited States
    Unlock97.2100.0
  93.2  Unlock100.0
    Unlock78.3100.0
  47.0  Unlock100.0
    Unlock$309,500$338,100
  95.0  Unlock100.0
    Unlock96.4100.0
  94.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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