Cost of Living in Excelsior, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
187.4
100 = national avg
+87.4 vs national average
Living Wage (1 Adult)
$82,458
per year
Living Wage (Family of 4)
$194,902
per year
Cost Index by Category
Housing256.8
Food133.0
Transportation166.0
Healthcare126.4
Utilities151.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Excelsior is 187.4, which is 87.4% above the national average. Housing costs are above the national average at an index of 256.8. A single adult needs to earn approximately $82,458 per year to cover basic expenses.