Cost of Living in Corcoran, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
227.2
100 = national avg
+127.2 vs national average
Living Wage (1 Adult)
$99,951
per year
Living Wage (Family of 4)
$236,248
per year
Cost Index by Category
Housing300.6
Food159.5
Transportation219.0
Healthcare147.6
Utilities175.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Corcoran is 227.2, which is 127.2% above the national average. Housing costs are above the national average at an index of 300.6. A single adult needs to earn approximately $99,951 per year to cover basic expenses.