Housing costs in Hill City?
A typical home costs
$167,200, which is 50.5% less expensive than the national average of
$338,100 and 46.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hill City costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,240.
Can I afford Hill City?
To live comfortably in Hill City (zip 55748), Minnesota, a minimum annual income of
$32,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hill City?
The cost of living in 55748 Hill City, MN is generally quite affordable. According to the most recent data, the cost of living index for Hill City is 89.2, which is 11.8% lower than the U.S. average. This means that basic expenses like groceries, housing, and transportation are all relatively low compared to other parts of the country. In addition, local taxes are also quite low thanks to Minnesota's tax-friendly policies. All these factors combine to make Hill City an ideal location for individuals and families looking for affordable living options in a beautiful area with plenty of outdoor activities nearby.