Cost of Living in Danvers, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.9
100 = national avg
+21.9 vs national average
Living Wage (1 Adult)
$53,615
per year
Living Wage (Family of 4)
$126,725
per year
Cost Index by Category
Housing75.7
Food140.0
Transportation148.2
Healthcare132.0
Utilities119.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$973
per month
The overall cost of living index in Danvers is 121.9, which is 21.9% above the national average. Housing costs are below the national average at an index of 75.7. A single adult needs to earn approximately $53,615 per year to cover basic expenses.