Housing costs in Halma?
A typical home costs
$120,400, which is 64.4% less expensive than the national average of
$338,100 and 61.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Halma 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 Halma?
To live comfortably in Halma (zip 56729), Minnesota, a minimum annual income of
$23,040 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Halma?
The cost of living in 56729 Halma, MN is quite affordable. The median home cost is around $117,000, which is quite low compared to the national average. Additionally, the overall cost of living index is 96.3 points lower than the US average. This means that the residents of 56729 Halma, MN enjoy lower prices on goods and services. Groceries are 15.9% cheaper than the US average, while utilities are 7.8% lower and healthcare 8.2% cheaper than other parts of the US. Additionally, housing costs are also much lower than other places in the country with rentals being approximately 10-15% cheaper. All in all, living in 56729 Halma, MN can be quite affordable compared to other parts of the United States.