Iona, MN Cost of Living


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How much do I need to live in Iona, Minnesota?
$1,830 / month
for a family, 66.1% less expensive than the national average A total of $21,960 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Iona cost of living score
74.5
Less expensive
25.5% lower
than the US average
23.4% lower
than the Minnesota average
Iona, Minnesota gets a BestPlaces Cost of Living score of 74.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.5% lower than the U.S. average and 23.4% higher than the average for Minnesota.

Iona, MN

Housing costs in Iona?
A typical home costs $114,700, which is 66.1% less expensive than the national average of $338,100 and 62.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Iona costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 47.6% cheaper than the state average of $1,240.

Can I afford Iona?
To live comfortably in Iona, Minnesota, a minimum annual income of $21,960 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Iona?
The cost of living in Iona, MN is fairly reasonable. The average housing costs are lower than the national average, with a median home price at around $130,000. Groceries and health care costs are also lower than the national average. Other expenses such as utilities, transportation, and entertainment tend to be slightly above the national average. Overall, Iona is an affordable place to live with lots of amenities to enjoy without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesIonaMinnesotaUnited States
    Unlock97.2100.0
  93.1  Unlock100.0
    Unlock78.3100.0
  21.0  Unlock100.0
    Unlock$309,500$338,100
  96.4  Unlock100.0
    Unlock96.4100.0
  69.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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