Cost of Living in Byron, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
155.2
100 = national avg
+55.2 vs national average
Living Wage (1 Adult)
$68,282
per year
Living Wage (Family of 4)
$161,394
per year
Cost Index by Category
Housing145.7
Food143.0
Transportation186.0
Healthcare134.4
Utilities134.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,189
per month
2 Bedroom
$1,407
per month
The overall cost of living index in Byron is 155.2, which is 55.2% above the national average. Housing costs are above the national average at an index of 145.7. A single adult needs to earn approximately $68,282 per year to cover basic expenses.