Housing costs in Pine Lake township (Otter Tail County)?
A typical home costs
$509,400, which is 50.7% more expensive than the national average of
$338,100 and 64.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Pine Lake township (Otter Tail County) costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 40.9% more than the state average of
$1,240.
Can I afford Pine Lake township (Otter Tail County)?
To live comfortably in Pine Lake township (Otter Tail County), Minnesota, a minimum annual income of
$97,560 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Pine Lake township (Otter Tail County)?
The cost of living in Pine Lake township is relatively low compared to other cities and towns in Otter Tail County. The median home value is about $150,000, while the median rent for a two bedroom apartment is around $800 per month. For groceries and everyday items, there are many local stores that offer competitive prices. Transportation costs are fairly affordable with cars costing an average of $20,000 and gas prices at around $2.50 - $3 per gallon. Utility bills such as water, electricity, and waste are also reasonably priced. In general, the cost of living in Pine Lake township is quite reasonable when compared to many other places in Minnesota and across the United States.