Zip 56136 (Hendricks, MN) Cost of Living


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United States / Minnesota / No Metro Area / Lincoln County / Hendricks / Hendricks (zip 56136)

Hendricks cost of living score
68.8
Less expensive
31.2% lower
than the US average
29.2% lower
than the Minnesota average
Hendricks (zip 56136), Minnesota gets a BestPlaces Cost of Living score of 68.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.2% lower than the U.S. average and 29.2% higher than the average for Minnesota.

Zip 56136 (Hendricks, MN)

Housing costs in Hendricks?
A typical home costs $163,200, which is 51.7% less expensive than the national average of $338,100 and 47.3% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hendricks 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 Hendricks?
To live comfortably in Hendricks (zip 56136), Minnesota, a minimum annual income of $31,320 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Hendricks?
The cost of living in 56136 Hendricks, MN is relatively low compared to other cities in the United States. The median value of a home in 56136 is estimated to be around $122,300, which is far below the national average. This makes it possible for residents of this area to purchase a home for much less than what they would find in other cities throughout the U.S. The overall cost of living here is slightly lower than average due to the low housing costs and the lack of local taxes or fees. Groceries and health care costs are also quite reasonable in this region, making it an attractive option for those looking to live affordably without sacrificing quality or amenities.
   Cost of living score
     CategoriesHendricksMinnesotaUnited States
  68.897.2100.0
  93.297.2100
  82.878.3100.0
  35.2102.9100.0
  $163,200$309,500$338,100
  91.1%95.7%100.0%
  68.996.4100.0
  78.8117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime