Cost of Living in Barnum, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.0
100 = national avg
-16.0 vs national average
Living Wage (1 Adult)
$36,954
per year
Living Wage (Family of 4)
$87,346
per year
Cost Index by Category
Housing85.8
Food87.9
Transportation75.8
Healthcare90.3
Utilities89.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$978
per month
2 Bedroom
$1,232
per month
The overall cost of living index in Barnum is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 85.8. A single adult needs to earn approximately $36,954 per year to cover basic expenses.