Hiram, MN Cost of Living


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Hiram cost of living score
83.2
Less expensive
16.8% lower
than the US average
14.4% lower
than the Minnesota average
Hiram, Minnesota gets a BestPlaces Cost of Living score of 83.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.8% lower than the U.S. average and 14.4% higher than the average for Minnesota.

Hiram, MN

Housing costs in Hiram?
A typical home costs $406,200, which is 20.1% more expensive than the national average of $338,100 and 31.2% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hiram costs $860 per month, which is 39.9% more than the national average of $1,430 and 44.2% more than the state average of $1,240.

Can I afford Hiram?
To live comfortably in Hiram, Minnesota, a minimum annual income of $77,760 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Hiram?
Hiram, MN has an affordable cost of living compared to other areas. The median home value is estimated at $89,000, which is significantly lower than the U.S. average of $184,700. Additionally, rental prices are also low in Hiram with a median rent of $660 per month, compared to the U.S. average of $949 per month. Moreover, groceries and healthcare costs are both below the national average, making them more affordable for residents of Hiram. With its low cost of living and wonderful quality of life offerings, it's no wonder that people are flocking to this small town!
   Cost of living score
     CategoriesHiramMinnesotaUnited States
  83.297.2100.0
  99.597.2100
  78.978.3100.0
  102.9102.9100.0
  $406,200$309,500$338,100
  91.1%95.7%100.0%
  77.596.4100.0
  82.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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