Housing costs in Hobart?
A typical home costs
$541,300, which is 60.1% more expensive than the national average of
$338,100 and 74.9% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hobart costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 42.5% more than the state average of
$1,240.
Can I afford Hobart?
To live comfortably in Hobart, Minnesota, a minimum annual income of
$103,680 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Hobart?
Hobart, MN has a relatively low cost of living compared to other locations in the United States. The median household income is $49,566 and the average rent for a one-bedroom apartment is $665 per month. Food costs are also lower than average, with gas prices and grocery store items costing less than the national average. Overall, Hobart residents can enjoy a comfortable lifestyle with fewer expenses.