Cost of Living in Altura, MN

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

Cost of Living Overview

Overall Index

91.8

100 = national avg

-8.2 vs national average

Living Wage (1 Adult)

$40,398

per year

Living Wage (Family of 4)

$95,487

per year

Cost Index by Category

Housing
77.1
Food
100.3
Transportation
100.6
Healthcare
100.3
Utilities
95.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$868

per month

2 Bedroom

$1,066

per month

The overall cost of living index in Altura is 91.8, which is 8.2% below the national average. Housing costs are below the national average at an index of 77.1. A single adult needs to earn approximately $40,398 per year to cover basic expenses.