Housing costs in Minden?
A typical home costs
$219,000, which is 35.2% less expensive than the national average of
$338,100 and 12.4% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Minden costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$930.
Can I afford Minden?
To live comfortably in Minden, Iowa, a minimum annual income of
$42,120 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Minden?
The cost of living in Minden, IA is very reasonable compared to other parts of the state and country. The median home price in Minden is $73,600, which is much lower than the national average and significantly lower than prices in larger cities. Additionally, groceries, healthcare, transportation and utilities costs are all lower than the national averages. As such, living in Minden is a great option for those looking for an affordable small-town life.