Housing costs in Irondale?
A typical home costs
$242,000, which is 28.4% less expensive than the national average of
$338,100 and 21.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Irondale costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 26.5% more than the state average of
$1,240.
Can I afford Irondale?
To live comfortably in Irondale, Minnesota, a minimum annual income of
$46,440 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Irondale?
The cost of living in Irondale, MN is relatively affordable compared to larger cities. The median home value is around $149,000, and the median household income is approximately $50,000. Renting an apartment or house in the area won't break the bank either - prices are generally reasonable, and there is a wide selection of places to choose from. Groceries and other necessities are also quite affordable here due to the lack of sales taxes on most goods. Public transit is also reasonably priced, with some routes as low as just a few dollars per trip. All in all, Irondale offers residents a great quality of life without sacrificing too much on expenses.