Cost of Living in Carver, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

183.6

100 = national avg

+83.6 vs national average

Living Wage (1 Adult)

$80,798

per year

Living Wage (Family of 4)

$190,976

per year

Cost Index by Category

Housing
180.8
Food
160.4
Transportation
220.7
Healthcare
148.3
Utilities
152.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Carver is 183.6, which is 83.6% above the national average. Housing costs are above the national average at an index of 180.8. A single adult needs to earn approximately $80,798 per year to cover basic expenses.