Cost of Living in Halma, MN
Population: 46 | Minnesota
Halma is 20% less expensive than the national average.
Cost of Living in Halma, MN: What You Need to Know
With a cost of living index of 80, Halma, MN is a very affordable place to live. Living here is 20% cheaper than the national average and in line with the Minnesota state average. Halma is a small community of 46 residents.
The median household income in Halma is $52,500, which is 30% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Halma. The area sees an average annual temperature of 38.4°F, with summers averaging 66°F and winters around 8°F. Annual rainfall totals 22.1 inches spread over roughly 104 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $52,500
- vs US Median ($75,149)
- -30%
Housing
- Median Home Value
- $77,500
- Median Monthly Housing Cost
- $500/mo
Climate in Halma
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 13 | 18 | 31 | 50 | 65 | 75 | 79 | 78 | 69 | 52 | 34 | 20 |
| Avg °F | 4 | 8 | 22 | 40 | 53 | 64 | 68 | 66 | 57 | 42 | 26 | 12 |
| Low °F | -5 | -2 | 13 | 29 | 42 | 53 | 57 | 54 | 45 | 32 | 18 | 4 |
| Rain" | 0.5 | 0.4 | 0.8 | 1.1 | 3.2 | 4.1 | 3.3 | 2.6 | 2.8 | 1.8 | 0.9 | 0.6 |