Zip 56044 (Henderson, MN) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Henderson cost of living score
84.3
Less expensive
15.7% lower
than the US average
13.3% lower
than the Minnesota average
Henderson (zip 56044), Minnesota gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 13.3% higher than the average for Minnesota.

Zip 56044 (Henderson, MN)

Housing costs in Henderson?
A typical home costs $301,600, which is 10.8% less expensive than the national average of $338,100 and 2.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Henderson costs $1,260 per month, which is 1.6% more than the national average of $1,240 and 11.1% cheaper than the state average of $1,400.

Can I afford Henderson?
To live comfortably in Henderson (zip 56044), Minnesota, a minimum annual income of $57,960 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Henderson?
Henderson, MN is a small town with a population of just over 1,400 people. The cost of living in the town is relatively low compared to many other places in the country. The median home value is roughly $168,000 and the median monthly rent for a two-bedroom apartment is around $725. Groceries, utilities, transportation, and health care costs are all below national averages. The overall cost of living in Henderson is very accommodating to residents on any budget.
   Cost of living score
     CategoriesHendersonMinnesotaUnited States
  84.397.2100.0
  99.697.2100
  81.778.3100.0
  85.4102.9100.0
  $301,600$309,500$338,100
  95.1%95.7%100.0%
  116.096.4100.0
  83.4117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime