Cost of Living in Askov, MN

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

Cost of Living Overview

Overall Index

61.9

100 = national avg

-38.1 vs national average

Living Wage (1 Adult)

$27,235

per year

Living Wage (Family of 4)

$64,374

per year

Cost Index by Category

Housing
53.9
Food
76.3
Transportation
52.7
Healthcare
81.1
Utilities
76.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$839

per month

2 Bedroom

$1,101

per month

The overall cost of living index in Askov is 61.9, which is 38.1% below the national average. Housing costs are below the national average at an index of 53.9. A single adult needs to earn approximately $27,235 per year to cover basic expenses.