Housing costs in Lancaster?
A typical home costs
$119,500, which is 64.7% less expensive than the national average of
$338,100 and 61.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lancaster costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Lancaster?
To live comfortably in Lancaster, Minnesota, a minimum annual income of
$23,040 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Lancaster?
equestId:508ba3cc-9484-4902-82be-b319f76c2b09,resource:content,data:[{id:txt_f54d18431eaa4d2f956a57736ca4c0af,text:\n \nThe cost of living in Lancaster, MN is quite reasonable. The median home value is around $128,800 and the median rent is just over $900 per month. Utilities tend to be slightly lower than the national average. Groceries are also reasonably priced and local restaurants offer a variety of options for dining out. Overall, the cost of living in Lancaster, MN is very affordable and well below most big cities.