Cost of Living in Buffalo Lake, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.7
100 = national avg
-14.3 vs national average
Living Wage (1 Adult)
$37,699
per year
Living Wage (Family of 4)
$89,107
per year
Cost Index by Category
Housing77.3
Food93.4
Transportation86.7
Healthcare94.7
Utilities91.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$781
per month
2 Bedroom
$973
per month
The overall cost of living index in Buffalo Lake is 85.7, which is 14.3% below the national average. Housing costs are below the national average at an index of 77.3. A single adult needs to earn approximately $37,699 per year to cover basic expenses.