Housing costs in Menahga?
A typical home costs
$203,800, which is 39.7% less expensive than the national average of
$338,100 and 34.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Menahga costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 31.9% cheaper than the state average of
$1,240.
Can I afford Menahga?
To live comfortably in Menahga (zip 56464), Minnesota, a minimum annual income of
$38,880 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Menahga?
The cost of living in 56464 Menahga, MN is relatively low compared to other cities across the United States. According to the US Census Bureau, the median household income in Menahga is around $44,000, which is significantly lower than the national average. While it may be more difficult to find high-paying jobs in this region, residents benefit from a lower cost of housing and overall cost of living. The median home value in Menahga stands at around $107,000, with rent ranging between $600-$800 per month for an average two-bedroom apartment. Groceries, restaurants, transportation costs and utilities are all much lower than what you’d find in larger cities. All these factors combined make Menahga a very attractive place to live for individuals and families who prefer a relaxed lifestyle at an affordable price.