Housing costs in Hector?
A typical home costs
$164,200, which is 51.4% less expensive than the national average of
$338,100 and 46.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hector costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Hector?
To live comfortably in Hector, Minnesota, a minimum annual income of
$31,320 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Hector?
The cost of living in Hector, MN is relatively low compared to other cities in the US. Housing costs are particularly affordable, with median home values below the national average and monthly rent prices that come in at a fraction of what you’d pay elsewhere. The cost of groceries and other goods is also lower than average, making it easier for residents to save money. Because of this, many people find Hector to be an ideal place for retirement or raising a family.