Housing costs in Hendricks?
A typical home costs
$129,300, which is 61.8% less expensive than the national average of
$338,100 and 58.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hendricks costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 57.0% cheaper than the state average of
$1,240.
Can I afford Hendricks?
To live comfortably in Hendricks, Minnesota, a minimum annual income of
$24,840 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Hendricks?
Hendricks, MN has a relatively low cost of living compared to other parts of the country. The median home value in Hendricks is around $105,000 which is much lower than the national average of $216,200. The median household income is around $52,000 which is slightly below the national average of $60,293. Along with this, basic necessities such as food and clothing are priced competitively in Hendricks. This allows for residents to make their money stretch further than it would in many other towns and cities across the United States.