Housing costs in Wolf Lake?
A typical home costs
$149,500, which is 55.8% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wolf Lake costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$1,240.
Can I afford Wolf Lake?
To live comfortably in Wolf Lake, Minnesota, a minimum annual income of
$28,800 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Wolf Lake?
The cost of living in Wolf Lake, MN is relatively low when compared to other cities of similar size. Housing costs are typically quite affordable, with the median home value estimated at around $144,000. Rent for a two-bedroom apartment runs between $700 and $900 per month. Transportation costs are also low, with the average price of gas hovering around $2.25 per gallon. Groceries tend to be on the cheaper side as well, with basic necessities costing about 10% less than the national average. All in all, Wolf Lake is an incredibly affordable place to live and a great option for those looking for a budget-friendly lifestyle.