Cost of Living in Barrett, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.2
100 = national avg
-3.8 vs national average
Living Wage (1 Adult)
$42,337
per year
Living Wage (Family of 4)
$100,070
per year
Cost Index by Category
Housing103.2
Food94.4
Transportation88.9
Healthcare95.5
Utilities97.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Barrett is 96.2, which is 3.8% below the national average. Housing costs are above the national average at an index of 103.2. A single adult needs to earn approximately $42,337 per year to cover basic expenses.