Housing costs in Side Lake?
A typical home costs
$314,200, which is 7.1% less expensive than the national average of
$338,100 and 1.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Side Lake costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Side Lake?
To live comfortably in Side Lake (zip 55781), Minnesota, a minimum annual income of
$60,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Side Lake?
The cost of living in 55781 Side Lake, MN is relatively low compared to other parts of the state. The median home value is $186,800, which is significantly lower than the state average home price of $214,100. Additionally, groceries and utilities cost 8.3% less than the national average in Side Lake. On top of this, housing expenses are 11.4% cheaper than the national average, making it a great place to both live and save money at the same time. With its low costs combined with its rural charm and excellent outdoor recreation opportunities, 55781 Side Lake, MN is an attractive option for many people looking for a new home or a great vacation spot.