Housing costs in Moose Lake?
A typical home costs
$220,400, which is 34.8% less expensive than the national average of
$338,100 and 28.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Moose Lake costs
$1,000 per month, which is 19.4% cheaper than the national average of
$1,240 and 8.0% cheaper than the state average of
$1,080.
Can I afford Moose Lake?
To live comfortably in Moose Lake (zip 55767), Minnesota, a minimum annual income of
$42,120 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Moose Lake?
The cost of living in 55767 Moose Lake, MN is quite reasonable. The median home price for the area is around $155,000, which is significantly lower than the average cost for a similar home in the rest of the state. This makes it an attractive option for those looking to buy a home without breaking the bank. Additionally, taxes in Moose Lake are relatively low compared to other areas and there is no state income tax. Transportation costs are also affordable, with close access to major highways allowing easy access to nearby cities and towns. While groceries may be slightly more expensive than some other places due to its rural location, overall people can expect to find a good balance between quality of life and cost of living in 55767 Moose Lake, MN.