Housing costs in Lutsen?
A typical home costs
$377,300, which is 11.6% more expensive than the national average of
$338,100 and 21.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lutsen costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 44.2% cheaper than the state average of
$1,240.
Can I afford Lutsen?
To live comfortably in Lutsen, Minnesota, a minimum annual income of
$72,360 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Lutsen?
The cost of living in Lutsen, MN is generally higher than the national average. The median home value in Lutsen is around $262,500, which is more than double the national median home value of $185,000. Additionally, the median household income in Lutsen is around $45,673 per year and the cost of groceries and health care are slightly higher than the national average. In terms of transportation costs, gas prices are about 3% higher than the US average and public transportation costs are not available. However, overall housing expenses are about 10% lower than the US average.