Housing costs in Green Lake?
A typical home costs
$422,300, which is 24.9% more expensive than the national average of
$338,100 and 36.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Green Lake costs
$750 per month, which is 47.6% more than the national average of
$1,430 and 65.3% more than the state average of
$1,240.
Can I afford Green Lake?
To live comfortably in Green Lake, Minnesota, a minimum annual income of
$81,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Green Lake?
Green Lake, MN has an affordable cost of living compared to the national average. Housing expenses make up a large portion of the cost of living in Green Lake and are on par with the rest of the state. The median home value is $155,400 and rent for a one-bedroom apartment averages around $550 per month. Utilities in Green Lake are also relatively lower than average, costing about 11% less than the national average. Additionally, food costs are slightly lower than other areas of Minnesota – groceries and dining out both tend to be reasonably priced. All in all, Green Lake offers an affordable cost of living that makes it great for those looking to save money while still enjoying all that the small town has to offer.