Cost of Living in Garvin, MN

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

Cost of Living Overview

Overall Index

57.2

100 = national avg

-42.8 vs national average

Living Wage (1 Adult)

$25,166

per year

Living Wage (Family of 4)

$59,483

per year

Cost Index by Category

Housing
29.2
Food
81.3
Transportation
62.7
Healthcare
85.1
Utilities
74.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$834

per month

2 Bedroom

$973

per month

The overall cost of living index in Garvin is 57.2, which is 42.8% below the national average. Housing costs are below the national average at an index of 29.2. A single adult needs to earn approximately $25,166 per year to cover basic expenses.