Housing costs in Spring Park?
A typical home costs
$527,600, which is 56.0% more expensive than the national average of
$338,100 and 70.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Spring Park costs
$1,400 per month, which is 12.9% more than the national average of
$1,240 and close to the state average of
$1,400.
Can I afford Spring Park?
To live comfortably in Spring Park (zip 55384), Minnesota, a minimum annual income of
$101,160 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Spring Park?
The cost of living in 55384 Spring Park, MN is higher than the national average, but still relatively affordable compared to other cities in Minnesota. The median home price is around $220,000, which is above the state average of $205,400. Renters will find that prices are slightly lower than other parts of the state with an average rent of $1,150 for a two-bedroom apartment. Groceries and utilities also tend to be more expensive than other areas. There are also many great restaurants in town that provide locals with dining options at reasonable prices.