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Boyd, MN vs Ihlen, MN

76
Boyd
Minnesota
VS
-3.4%
78
Ihlen
Minnesota

Boyd, MN and Ihlen, MN have a very similar cost of living, with only a 3.4% difference in their overall index. Boyd scores 76 while Ihlen scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Boyd are $26,100 compared to $83,800 in Ihlen, a 69% gap.

Median household income in Boyd is $54,500 compared to $63,603 in Ihlen (-14.3%). While Ihlen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Boyd
76
3% cheaper
Ihlen
78
Median Household Income
Boyd
$54,500
Ihlen
$63,603
14% higher

Housing

Median Rent
Boyd
Ihlen
Median Home Value
Boyd
$26,100
69% cheaper
Ihlen
$83,800
Population
Boyd
186
Ihlen
65

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boyd
Ihlen $2.99
US $3.07
🥚
Eggs (grade A, large)
Boyd
Ihlen $2.44
US $2.50
🥛
Milk (whole)
Boyd
Ihlen $3.92
US $4.03
🍞
Bread (white)
Boyd
Ihlen $1.80
US $1.85
🍗
Chicken breast
Boyd
Ihlen $4.03
US $4.14
Electricity
Boyd
Ihlen $0.16
US $0.19