Housing costs in Henning?
A typical home costs
$230,900, which is 31.7% less expensive than the national average of
$338,100 and 25.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Henning costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 40.9% cheaper than the state average of
$1,240.
Can I afford Henning?
To live comfortably in Henning, Minnesota, a minimum annual income of
$44,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Henning?
The cost of living in Henning, MN is relatively low compared to the national average. Housing costs are some of the lowest in the state and other expenses such as food, transportation, and healthcare are also reasonable. The median home value in Henning is almost 50 percent lower than the US average and property taxes are among the lowest in Minnesota. An overall low cost of living coupled with a strong job market makes Henning an attractive place to live for people looking for affordable housing options.