Cost of Living in Fifty Lakes, MN

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

Cost of Living Overview

Overall Index

144.8

100 = national avg

+44.8 vs national average

Living Wage (1 Adult)

$63,721

per year

Living Wage (Family of 4)

$150,613

per year

Cost Index by Category

Housing
194.7
Food
111.0
Transportation
121.9
Healthcare
108.8
Utilities
125.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$854

per month

2 Bedroom

$1,120

per month

The overall cost of living index in Fifty Lakes is 144.8, which is 44.8% above the national average. Housing costs are above the national average at an index of 194.7. A single adult needs to earn approximately $63,721 per year to cover basic expenses.