Housing costs in Ideal?
A typical home costs
$639,400, which is 89.1% more expensive than the national average of
$338,100 and 106.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ideal costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 29.2% more than the state average of
$1,240.
Can I afford Ideal?
To live comfortably in Ideal, Minnesota, a minimum annual income of
$122,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Ideal?
The cost of living in Ideal, MN is quite reasonable. Housing costs are significantly lower than the national average, with a median sale price for homes around $160,000 and average rent of about $875 per month. The overall cost of living index is below the national average as well meaning that goods and services are generally cheaper in Ideal. Grocery prices are low and utilities are reasonably priced, making Ideal an attractive place to live for those looking for an affordable lifestyle.