Cost of Living in Elmore, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.6
100 = national avg
-25.4 vs national average
Living Wage (1 Adult)
$32,843
per year
Living Wage (Family of 4)
$77,628
per year
Cost Index by Category
Housing69.2
Food81.3
Transportation80.4
Healthcare85.0
Utilities82.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$790
per month
2 Bedroom
$973
per month
The overall cost of living index in Elmore is 74.6, which is 25.4% below the national average. Housing costs are below the national average at an index of 69.2. A single adult needs to earn approximately $32,843 per year to cover basic expenses.