Housing costs in Hibbing?
A typical home costs
$127,900, which is 62.2% less expensive than the national average of
$338,100 and 58.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hibbing costs
$830 per month, which is 33.1% cheaper than the national average of
$1,240 and 30.1% cheaper than the state average of
$1,080.
Can I afford Hibbing?
To live comfortably in Hibbing (zip 55746), Minnesota, a minimum annual income of
$24,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Hibbing?
Living in 55746 Hibbing, MN is quite affordable. The median home price is $90,000, which is lower than the national average. The cost of living overall is 8% lower than the U.S. average, and groceries are 14% cheaper than average. Additionally, utility costs such as electricity and natural gas are 12% less than the national average. Transportation costs are also lower with a monthly transit pass costing around $35 and gas prices averaging 11-15 cents below the national average. With all of these cost savings, it's no wonder why so many people choose to live in 55746 Hibbing, MN!