Cost of Living in Effie, MN

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

Cost of Living Overview

Overall Index

87.4

100 = national avg

-12.6 vs national average

Living Wage (1 Adult)

$38,458

per year

Living Wage (Family of 4)

$90,900

per year

Cost Index by Category

Housing
70.2
Food
98.2
Transportation
96.5
Healthcare
98.6
Utilities
93.0

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 Effie is 87.4, which is 12.6% below the national average. Housing costs are below the national average at an index of 70.2. A single adult needs to earn approximately $38,458 per year to cover basic expenses.