Cost of Living in Ghent, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.1
100 = national avg
+3.1 vs national average
Living Wage (1 Adult)
$45,358
per year
Living Wage (Family of 4)
$107,211
per year
Cost Index by Category
Housing95.3
Food105.4
Transportation110.8
Healthcare104.3
Utilities102.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$834
per month
2 Bedroom
$973
per month
The overall cost of living index in Ghent is 103.1, which is 3.1% above the national average. Housing costs are below the national average at an index of 95.3. A single adult needs to earn approximately $45,358 per year to cover basic expenses.