Housing costs in Twin Lakes?
A typical home costs
$99,300, which is 70.6% less expensive than the national average of
$338,100 and 67.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Twin Lakes costs
$770 per month, which is 37.9% cheaper than the national average of
$1,240 and 13.0% cheaper than the state average of
$870.
Can I afford Twin Lakes?
To live comfortably in Twin Lakes (zip 56089), Minnesota, a minimum annual income of
$19,080 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Twin Lakes?
The cost of living in 56089 Twin Lakes, MN is considered to be quite affordable. Housing prices are relatively low compared to other areas in the state and the region. The average home value is around $230,000 which is fairly reasonable compared to the median household income which is around $67,700. Other costs in the area such as food, transportation, healthcare and utilities are all lower than the national average making it an attractive area for those who need to save money while still wanting to enjoy a comfortable lifestyle.