Housing costs in Henning?
A typical home costs
$231,900, which is 31.4% less expensive than the national average of
$338,100 and 25.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Henning costs
$870 per month, which is 29.8% cheaper than the national average of
$1,240 and close to the state average of
$860.
Can I afford Henning?
To live comfortably in Henning (zip 56551), Minnesota, a minimum annual income of
$44,280 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Henning?
The cost of living in 56551 Henning, MN is relatively low compared to the rest of the country. The median home value is around $121,300, which is significantly lower than the national median of approximately $200,000. Rents in Henning tend to be less expensive than other parts of Minnesota, with a median rent price at around $743 per month. Utility costs are also lower than other states and counties in Minnesota. Additionally, groceries and other household goods are moderately priced and easily accessible in this rural area. All in all, the cost of living in 56551 Henning, MN can be quite affordable for those looking for a change of pace from more urban areas.