Cost of Living in Elbow Lake, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.9
100 = national avg
-36.1 vs national average
Living Wage (1 Adult)
$28,111
per year
Living Wage (Family of 4)
$66,444
per year
Cost Index by Category
Housing67.5
Food72.9
Transportation45.9
Healthcare78.3
Utilities77.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$783
per month
2 Bedroom
$1,027
per month
The overall cost of living index in Elbow Lake is 63.9, which is 36.1% below the national average. Housing costs are below the national average at an index of 67.5. A single adult needs to earn approximately $28,111 per year to cover basic expenses.