Housing costs in Ada?
A typical home costs
$136,300, which is 59.7% less expensive than the national average of
$338,100 and 56.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ada 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 Ada?
To live comfortably in Ada (zip 56510), Minnesota, a minimum annual income of
$26,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Ada?
The cost of living in 56510 Ada, MN is relatively low compared to other parts of the state. Housing prices are particularly affordable, with a median home value of $176,800 which is well below the national average. Additionally, utilities typically come at an affordable rate due to Ada's small population size. Though grocery and entertainment costs may be higher than some other towns or cities nearby, overall the cost of living in 56510 Ada, MN is quite reasonable.