Henderson township, MN Cost of Living


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Henderson township cost of living score
84.3
Less expensive
15.7% lower
than the US average
13.3% lower
than the Minnesota average
Henderson township, Minnesota gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 13.3% higher than the average for Minnesota.

Henderson township, MN

Housing costs in Henderson township?
A typical home costs $335,300, which is 0.8% less expensive than the national average of $338,100 and 8.3% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Henderson township costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 14.8% cheaper than the state average of $1,240.

Can I afford Henderson township?
To live comfortably in Henderson township, Minnesota, a minimum annual income of $64,080 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Henderson township?
Henderson township, MN has a relatively low cost of living. The median home value is around $133,000, which is lower than the national average and makes housing more affordable than in many other parts of the country. The median household income for the area is also below the national average at $63,928, which means that goods and services are relatively cheaper in Henderson township. In addition to this, groceries and utilities are both significantly cheaper when compared to the rest of the nation. All of these factors combine to make Henderson township an attractive option for those looking for an affordable place to live.
   Cost of living score
     CategoriesHenderson townshipMinnesotaUnited States
  84.397.2100.0
  98.897.2100
  81.778.3100.0
  101.3102.9100.0
  $335,300$309,500$338,100
  97.4%95.7%100.0%
  113.996.4100.0
  83.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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