Cost of Living in Gibbon, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.9
100 = national avg
-16.1 vs national average
Living Wage (1 Adult)
$36,925
per year
Living Wage (Family of 4)
$87,278
per year
Cost Index by Category
Housing79.1
Food90.6
Transportation81.2
Healthcare92.5
Utilities90.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Gibbon is 83.9, which is 16.1% below the national average. Housing costs are below the national average at an index of 79.1. A single adult needs to earn approximately $36,925 per year to cover basic expenses.