Cost of Living in Deer River, MN

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

Cost of Living Overview

Overall Index

68.2

100 = national avg

-31.8 vs national average

Living Wage (1 Adult)

$30,029

per year

Living Wage (Family of 4)

$70,979

per year

Cost Index by Category

Housing
64.5
Food
79.1
Transportation
58.1
Healthcare
83.3
Utilities
80.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$860

per month

2 Bedroom

$1,074

per month

The overall cost of living index in Deer River is 68.2, which is 31.8% below the national average. Housing costs are below the national average at an index of 64.5. A single adult needs to earn approximately $30,029 per year to cover basic expenses.