Hokah township, MN Cost of Living


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Hokah township cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.9% lower
than the Minnesota average
Hokah township, Minnesota gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.9% higher than the average for Minnesota.

Hokah township, MN

Housing costs in Hokah township?
A typical home costs $354,300, which is 4.8% more expensive than the national average of $338,100 and 14.5% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hokah township costs $960 per month, which is 32.9% more than the national average of $1,430 and 29.2% more than the state average of $1,240.

Can I afford Hokah township?
To live comfortably in Hokah township, Minnesota, a minimum annual income of $68,040 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Hokah township?
Hokah Township, MN has a relatively low cost of living compared to other towns in the state. The median home price is around $175,000, which is about 20% below the national average. Property taxes are also low, averaging $650 per year for a homeowner with a median home value. In addition, transportation costs are relatively low because of its close proximity to Minneapolis. Overall, living in Hokah Township can be quite affordable and is a great option for those looking for an affordable place to live in Minnesota.
   Cost of living score
     CategoriesHokah townshipMinnesotaUnited States
  87.697.2100.0
  9897.2100
  91.478.3100.0
  86.7102.9100.0
  $354,300$309,500$338,100
  99.9%95.7%100.0%
  83.096.4100.0
  84.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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