Housing costs in Black Hammer?
A typical home costs
$238,900, which is 29.3% less expensive than the national average of
$338,100 and 22.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Black Hammer costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 40.9% more than the state average of
$1,240.
Can I afford Black Hammer?
To live comfortably in Black Hammer, Minnesota, a minimum annual income of
$45,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Black Hammer?
The cost of living in Black Hammer, MN is fairly reasonable. The median home value is around $100,000 and the median rent is approximately $800. The unemployment rate is quite low, sitting at around 3%. In terms of utilities, the cost of electricity for a 900-square-foot apartment ranges from $50 to $90 per month depending on usage. Grocery bills are also fairly low with prices that are comparable to those found in other rural areas. Overall, Black Hammer provides an affordable living situation for those looking to relocate or just enjoy small-town living.