Housing costs in Lewisville?
A typical home costs
$157,900, which is 53.3% less expensive than the national average of
$338,100 and 49.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Lewisville costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,240.
Can I afford Lewisville?
To live comfortably in Lewisville (zip 56060), Minnesota, a minimum annual income of
$30,240 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Lewisville?
The cost of living in 56060 Lewisville, MN is relatively low compared to other areas of the country. The median home value in the city is approximately $133,000, which is lower than the national average. Renters can expect to pay around $768 for a one bedroom apartment. Utilities are also quite affordable with electricity costing around 9 cents per kilowatt hour and natural gas prices averaging around 11 cents per therm. Furthermore, grocery items and household goods tend to be reasonably priced due to competition from multiple local stores. All in all, Lewisville is an affordable place to live making it an ideal location for those looking for a good quality of life without breaking the bank.