Halma, MN Cost of Living


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Halma cost of living score
67.9
Less expensive
32.1% lower
than the US average
30.1% lower
than the Minnesota average
Halma, Minnesota gets a BestPlaces Cost of Living score of 67.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.1% lower than the U.S. average and 30.1% higher than the average for Minnesota.

Halma, MN

Housing costs in Halma?
A typical home costs $99,700, which is 70.5% less expensive than the national average of $338,100 and 67.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Halma costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 53.1% cheaper than the state average of $1,240.

Can I afford Halma?
To live comfortably in Halma, Minnesota, a minimum annual income of $19,080 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Halma?
The cost of living in Halma, MN is quite low compared to other areas of the country. The median home price in Halma is $76,900, which is well below the national average. Additionally, the cost of goods and services in Halma are typically lower than those found in more populated areas. The overall cost of living index for Halma is 88.9, which suggests that it is 11% cheaper than the United States average. As such, citizens of Halma can expect to enjoy a higher quality of life for less money when compared to many other areas.
   Cost of living score
     CategoriesHalmaMinnesotaUnited States
  67.997.2100.0
  89.597.2100
  82.078.3100.0
  18.9102.9100.0
  $99,700$309,500$338,100
  92.1%95.7%100.0%
  71.196.4100.0
  76.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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