Housing costs in Hope?
A typical home costs
$101,300, which is 70.0% less expensive than the national average of
$338,100 and 67.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Hope costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,240.
Can I afford Hope?
To live comfortably in Hope (zip 56046), Minnesota, a minimum annual income of
$19,440 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Hope?
The cost of living in Hope, MN (zip code 56046) is quite affordable. The median household income of the town is $60,921 and the median home value is $192,500, making housing expenses much lower than the national average. Basic necessities such as groceries, health care, and utilities are also priced below the national average. Additionally, the town has a wide variety of activities to choose from that fit all budgets. Whether one is looking to go out to dinner or explore local attractions for free, there’s something for everyone in Hope.