Cost of Living in Echo, MN

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

Cost of Living Overview

Overall Index

84.6

100 = national avg

-15.4 vs national average

Living Wage (1 Adult)

$37,217

per year

Living Wage (Family of 4)

$87,967

per year

Cost Index by Category

Housing
58.0
Food
100.2
Transportation
100.3
Healthcare
100.1
Utilities
91.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$753

per month

2 Bedroom

$973

per month

The overall cost of living index in Echo is 84.6, which is 15.4% below the national average. Housing costs are below the national average at an index of 58.0. A single adult needs to earn approximately $37,217 per year to cover basic expenses.