Housing costs in Round Lake?
A typical home costs
$126,600, which is 62.6% less expensive than the national average of
$338,100 and 59.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Round Lake costs
$920 per month, which is 25.8% cheaper than the national average of
$1,240 and close to the state average of
$920.
Can I afford Round Lake?
To live comfortably in Round Lake (zip 56167), Minnesota, a minimum annual income of
$24,120 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Round Lake?
The cost of living in 56167 Round Lake, MN is relatively affordable. The median home value is around $161,000, which is much lower than the national average. Renting a one-bedroom apartment also tends to be cheaper than other areas of the country, and you can typically expect to pay around $700 for a one-bedroom unit. Other expenses such as groceries and utilities are also affordable in comparison to other locations. Overall, 56167 Round Lake, MN offers an attractive cost of living that makes it an attractive option for those looking for a comfortable place to live at an affordable price.