Cost of Living in Cedar Mills, MN

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

Cost of Living Overview

Overall Index

60.3

100 = national avg

-39.7 vs national average

Living Wage (1 Adult)

$26,518

per year

Living Wage (Family of 4)

$62,679

per year

Cost Index by Category

Housing
52.9
Utilities
85.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$854

per month

2 Bedroom

$997

per month

The overall cost of living index in Cedar Mills is 60.3, which is 39.7% below the national average. Housing costs are below the national average at an index of 52.9. A single adult needs to earn approximately $26,518 per year to cover basic expenses.