Cost of Living in Clearwater, MN

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

Cost of Living Overview

Overall Index

124.7

100 = national avg

+24.7 vs national average

Living Wage (1 Adult)

$54,868

per year

Living Wage (Family of 4)

$129,687

per year

Cost Index by Category

Housing
123.0
Food
118.2
Transportation
136.4
Healthcare
114.6
Utilities
115.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$919

per month

2 Bedroom

$1,206

per month

The overall cost of living index in Clearwater is 124.7, which is 24.7% above the national average. Housing costs are above the national average at an index of 123.0. A single adult needs to earn approximately $54,868 per year to cover basic expenses.