Housing costs in Hutchinson township?
A typical home costs
$426,600, which is 26.2% more expensive than the national average of
$338,100 and 37.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hutchinson township costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 45.9% more than the state average of
$1,240.
Can I afford Hutchinson township?
To live comfortably in Hutchinson township, Minnesota, a minimum annual income of
$81,720 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Hutchinson township?
The cost of living in Hutchinson township, MN is relatively low compared to other parts of the country. The median home price is around $150,000 and the average rent is only $650 per month, making it an affordable place to live. Property taxes are also low, with an effective tax rate of 0.85%, providing residents with additional savings. In addition, there are many deals available on groceries and other necessary items, allowing residents to stretch their incomes even further. The overall cost of living in Hutchinson township is very affordable for both renters and homeowners alike.