Housing costs in Hennepin?
A typical home costs
$342,800, which is 1.4% more expensive than the national average of
$338,100 and 10.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hennepin costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 12.1% more than the state average of
$1,240.
Can I afford Hennepin?
To live comfortably in Hennepin Minnes County, Minnesota, a minimum annual income of
$65,520 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Hennepin?
The cost of living in Hennepin, MN County is 7.2 points higher than the national average. This means that the cost of living in Hennepin, MN County is relatively higher than that of other places in the United States. In terms of housing, the median value in Hennepin, MN County is $342,800 which is slightly higher than the US average of $338,100. Overall, Hennepin is a bit more expensive to live in than other parts of the country but still offers a reasonable cost of living for those looking to move to the area.