Housing costs in Jenkins?
A typical home costs
$246,000, which is 27.2% less expensive than the national average of
$338,100 and 20.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Jenkins costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 30.5% cheaper than the state average of
$1,240.
Can I afford Jenkins?
To live comfortably in Jenkins, Minnesota, a minimum annual income of
$47,160 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Jenkins?
The cost of living in Jenkins, MN is relatively low compared to other areas in the United States. The median home price in Jenkins is around $145,000, which is significantly lower than the national average. The median household income in Jenkins is about $44,000 per year and the unemployment rate is below 3%. Additionally, goods and services tend to be cheaper as well. Groceries are approximately 10% lower than the national average while utility prices such as electricity and gas are about 5% below the national average. All these factors contribute to a low overall cost of living in Jenkins, MN.