Housing costs in Humboldt?
A typical home costs
$152,600, which is 54.9% less expensive than the national average of
$338,100 and 50.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Humboldt costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Humboldt?
To live comfortably in Humboldt (zip 56731), Minnesota, a minimum annual income of
$29,160 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Humboldt?
The cost of living in 56731 Humboldt, MN is quite reasonable. The median home price is around $95,000, which is much lower than the national average of $216,200. Additionally, the median household income is $52,369 which is slightly higher than the national average of $53,482. Finally, renting an apartment in 56731 Humboldt typically costs around $650 per month for a one bedroom. This makes it relatively easy to afford a comfortable lifestyle without breaking the bank.