Housing costs in Ihlen?
A typical home costs
$83,700, which is 75.2% less expensive than the national average of
$338,100 and 73.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ihlen costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 63.2% cheaper than the state average of
$1,240.
Can I afford Ihlen?
To live comfortably in Ihlen, Minnesota, a minimum annual income of
$16,200 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Ihlen?
The cost of living in Ihlen, MN is relatively low compared to other parts of the country. The median household income is approximately $30,000 and the median home value is around $128,400. The cost of groceries and housing are both relatively low, making it a great place to live for those looking to save money. With low unemployment rates and an abundance of family-friendly activities nearby, Ihlen offers an affordable option for those looking to settle down in a rural community.