Cost of Living in Essig, MN

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

Cost of Living Overview

Overall Index

86.7

100 = national avg

-13.3 vs national average

Living Wage (1 Adult)

$38,161

per year

Living Wage (Family of 4)

$90,198

per year

Cost Index by Category

Housing
84.3
Utilities
95.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Essig is 86.7, which is 13.3% below the national average. Housing costs are below the national average at an index of 84.3. A single adult needs to earn approximately $38,161 per year to cover basic expenses.