Housing costs in Benson?
A typical home costs
$136,500, which is 59.6% less expensive than the national average of
$338,100 and 55.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Benson costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Benson?
To live comfortably in Benson (zip 56215), Minnesota, a minimum annual income of
$26,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Benson?
The cost of living in 56215 Benson, MN is relatively low compared to other cities in Minnesota. The median home value is $76,200, which is much lower than the state average of $235,200. The median household income is also significantly lower at $41,837 per year compared to the state average of $63,488 per year. Taxes are also lower in Benson; the overall tax rate is 7.78%, whereas the state average is 8.22%. With these lower costs of living, Benson can be a great place for those looking for an affordable place to live without sacrificing amenities and services.