Housing costs in Ada?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 54.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Ada costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 53.1% cheaper than the state average of
$1,240.
Can I afford Ada?
To live comfortably in Ada, Minnesota, a minimum annual income of
$27,360 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ada?
Ada, MN is well known for its affordable cost of living. According to BestPlaces, Ada's overall cost of living index is 78.3 out of 100, which is considered lower than the United States average. This means that basic goods and services are more affordable in Ada than they are in other parts of the country. Housing costs are particularly low; rental prices range from $450-$650/month for a one-bedroom apartment, while utilities typically cost around $143/month. Eating out is also reasonably priced, with an average meal costing around $12-$15 per person at most restaurants. All in all, people looking for an affordable lifestyle can find it in Ada, MN.