Cost of Living in Ada, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

92.6

100 = national avg

-7.4 vs national average

Living Wage (1 Adult)

$40,749

per year

Living Wage (Family of 4)

$96,317

per year

Cost Index by Category

Housing
75.5
Food
101.9
Transportation
103.7
Healthcare
101.5
Utilities
96.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Ada is 92.6, which is 7.4% below the national average. Housing costs are below the national average at an index of 75.5. A single adult needs to earn approximately $40,749 per year to cover basic expenses.