Henning township, MN Cost of Living


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Henning township cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Henning township, Minnesota gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 9.7% higher than the average for Minnesota.

Henning township, MN

Housing costs in Henning township?
A typical home costs $297,300, which is 12.1% less expensive than the national average of $338,100 and 3.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Henning township costs $880 per month, which is 38.5% more than the national average of $1,430 and 40.9% more than the state average of $1,240.

Can I afford Henning township?
To live comfortably in Henning township, Minnesota, a minimum annual income of $56,880 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Henning township?
The cost of living in Henning Township, MN is relatively low compared to the national average. Housing costs in particular are quite reasonable, with the median house price just over $100,000. The local economy is vibrant and offers a variety of jobs and businesses. Additionally, utilities and other services can be found at reasonable prices, making it easy for families to stick to their budgets. Overall, Henning Township offers an affordable lifestyle that makes it an attractive place to live for both long-term residents and those just passing through.
   Cost of living score
     CategoriesHenning townshipMinnesotaUnited States
  87.897.2100.0
  95.297.2100
  81.078.3100.0
  76.9102.9100.0
  $297,300$309,500$338,100
  92.4%95.7%100.0%
  72.796.4100.0
  98.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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