Housing costs in Ironton?
A typical home costs
$208,700, which is 38.3% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ironton costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$1,240.
Can I afford Ironton?
To live comfortably in Ironton (zip 56455), Minnesota, a minimum annual income of
$39,960 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Ironton?
The cost of living in 56455 Ironton, MN is quite reasonable. According to Sperling's Best Places, the overall cost of living index for this city is 80.3, which is significantly lower than the national average of 100. Housing costs are particularly low; the median cost of a home is around $148,000 and rents tend to range from $650-$800 per month. The median household income in the area is around $52,000 and the unemployment rate is an encouraging 3.5%. All in all, 56455 Ironton, MN offers a great quality of life at an affordable cost.