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Cost & Benefits

Hoyt Lakes vs Silver Bay

Simple answer

You'd likely save $410 a month in Silver Bay.

Typical rent is $1,550 in Hoyt Lakes and $1,140 in Silver Bay. This is the Census typical rent, not a promise about your lease.

Hoyt Lakes

Minnesota

Typical rent
$1,550
Typical pay
$65,764 a year
2-bedroom fair rent
$1,207
Price index
88.8 (metro)

Silver Bay

Minnesota

Typical rent
$1,140
Typical pay
$69,489 a year
2-bedroom fair rent
$1,358
Price index
98.6 (state)

Benefits after a move

Hoyt Lakes and Silver Bay are in the same state, so the benefit rules do not change when you move between them.