Housing costs in Hokah?
A typical home costs
$219,700, which is 35.0% less expensive than the national average of
$338,100 and 29.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hokah costs
$940 per month, which is 24.2% cheaper than the national average of
$1,240 and 8.5% cheaper than the state average of
$1,020.
Can I afford Hokah?
To live comfortably in Hokah (zip 55941), Minnesota, a minimum annual income of
$42,120 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Hokah?
The cost of living in 55941 Hokah, MN is relatively low compared to other parts of the country. The median household income is $45,781 and the median house value is only $122,100 – both of which are well below national averages. Additionally, cost of basic necessities such as groceries and utilities are generally within reach for many living in the area. This makes it an attractive place to live for those looking for a lower cost of living without sacrificing too much quality of life.