Cost to Own
United StatesMinnesotaChisago CountyLindstrom Population 4,933 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Lindstrom, Minnesota

A $337,000 home here costs

$2,713

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,733. The real number is $981 higher every month — 57% more than the payment most buyers budget for.

Lindstrom median: $336,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $269,600 borrowed $1,733
Property tax1.186% effective rate for Lindstrom itself $333
Homeowners insuranceMinnesota averages $1,607/yr (NAIC), or 0.521% of home value $146
Electricity16.95¢/kWh — Minnesota residential average, EIA $152
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $281
Total monthly $2,713

Lindstrom against Chisago County and Minnesota

MeasureLindstromChisago County
Median home value$336,800$326,600
Median property tax$3,993$3,668
Effective tax rate1.186%1.123%
Median gross rent$954$1,112
Population4,93357,434

The weather behind that power bill

Lindstrom sits in Chisago County, which averages a high of 82.1°F in its hottest month and a low of -0.1°F in its coldest, with 32.39" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 446 cooling and 8,608 heating degree days, which is what sets the $152 electricity line above.

See the full climate breakdown for Chisago County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Chisago County

Full Chisago County cost breakdown · Every county in Minnesota

Common questions

How much does it cost to own a home in Lindstrom?

A $337,000 home in Lindstrom, Minnesota costs approximately $2,713 per month with 20% down at 6.66%. That is $1,733 principal and interest, $333 property tax, $146 homeowners insurance, $220 utilities and $281 set aside for maintenance.

What is the property tax rate in Lindstrom?

Lindstrom has an effective property tax rate of 1.186%, based on a median home value of $336,800 and median real estate taxes of $3,993. That is higher than the Chisago County average of 1.123%.

What is the average home price in Lindstrom?

The median owner-occupied home value in Lindstrom, Minnesota is $336,800, against $326,600 across Chisago County.

Is it cheaper to rent or buy in Lindstrom?

Median gross rent in Lindstrom is $954 a month, against $2,713 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Lindstrom — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Minnesota.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology