Cost of Living in Dakota, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.6
100 = national avg
+25.6 vs national average
Living Wage (1 Adult)
$55,246
per year
Living Wage (Family of 4)
$130,581
per year
Cost Index by Category
Housing118.4
Food121.1
Transportation142.1
Healthcare116.8
Utilities116.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$868
per month
2 Bedroom
$1,066
per month
The overall cost of living index in Dakota is 125.6, which is 25.6% above the national average. Housing costs are above the national average at an index of 118.4. A single adult needs to earn approximately $55,246 per year to cover basic expenses.