Cost of Living in Callaway, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.7
100 = national avg
-19.3 vs national average
Living Wage (1 Adult)
$35,529
per year
Living Wage (Family of 4)
$83,979
per year
Cost Index by Category
Housing67.1
Food92.0
Transportation84.1
Healthcare93.6
Utilities88.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$783
per month
2 Bedroom
$1,027
per month
The overall cost of living index in Callaway is 80.7, which is 19.3% below the national average. Housing costs are below the national average at an index of 67.1. A single adult needs to earn approximately $35,529 per year to cover basic expenses.