Housing costs in Hendrum?
A typical home costs
$133,700, which is 60.5% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hendrum 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 Hendrum?
To live comfortably in Hendrum, Minnesota, a minimum annual income of
$25,560 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Hendrum?
Hendrum, MN is an affordable place to live with a low cost of living. The median home price in Hendrum is $127,700, which is much lower than the national average. Furthermore, the cost of groceries, transportation, and basic utilities are all relatively inexpensive compared to other parts of the country. Additionally, there are no major corporate taxes in Hendrum making it a great place for businesses and entrepreneurs to thrive.