Housing costs in Mahnomen?
A typical home costs
$114,900, which is 66.0% less expensive than the national average of
$338,100 and 62.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mahnomen costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 47.6% cheaper than the state average of
$1,240.
Can I afford Mahnomen?
To live comfortably in Mahnomen (zip 56557), Minnesota, a minimum annual income of
$21,960 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Mahnomen?
The cost of living in 56557 Mahnomen, MN is relatively affordable compared to other cities and towns around the country. Property taxes are lower than the national average, and housing remains a bargain with median home values well below $100,000. In addition, grocery prices are lower than the U.S. average and transportation costs are also more reasonable than in many other areas of the country. All in all, 56557 Mahnomen, MN offers an inexpensive standard of living that many people find attractive.