Housing costs in Hallock?
A typical home costs
$121,600, which is 64.0% less expensive than the national average of
$338,100 and 60.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hallock costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Hallock?
To live comfortably in Hallock, Minnesota, a minimum annual income of
$23,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Hallock?
Hallock, MN has a cost of living that is lower than the average for the United States. According to BestPlaces, the cost of living index in Hallock is 54.01, which is significantly lower than the United States' index of 100. Groceries are especially inexpensive in Hallock, coming in at nearly 17% cheaper than the rest of the country. Housing costs are also relatively low, with rental prices averaging $521 per month and median home prices around $96,000. Although it's slightly more expensive to buy gas and consumer goods in Hallock compared to other parts of Minnesota, these items still come at a very affordable price point overall. With its low costs of living, Hallock can be an affordable place to live for people who want to stay within their budget.