Cost of Living in Akeley, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.8
100 = national avg
-16.2 vs national average
Living Wage (1 Adult)
$36,877
per year
Living Wage (Family of 4)
$87,163
per year
Cost Index by Category
Housing81.5
Food83.4
Transportation103.0
Healthcare86.8
Utilities86.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$1,008
per month
The overall cost of living index in Akeley is 83.8, which is 16.2% below the national average. Housing costs are below the national average at an index of 81.5. A single adult needs to earn approximately $36,877 per year to cover basic expenses.