Housing costs in Iona?
A typical home costs
$121,800, which is 64.0% less expensive than the national average of
$338,100 and 60.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Iona costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 45.9% cheaper than the state average of
$1,240.
Can I afford Iona?
To live comfortably in Iona (zip 56141), Minnesota, a minimum annual income of
$23,400 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Iona?
The cost of living in Iona, MN (56141) is relatively reasonable, making it an attractive place to live for individuals and families alike. The overall cost of living index is slightly lower than the national average at 96.1, with housing costs being the largest contributing factor at a median price of $213,900, which is below the national median of $226,800. Other expenses such as groceries and utilities remain relatively low when compared to other US cities, while transportation costs are also quite affordable with an average commute time of 19 minutes. Overall, Iona provides residents with a quality standard of living at an affordable price point.