Cost of Living in Gonvick, MN

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

Cost of Living Overview

Overall Index

55.6

100 = national avg

-44.4 vs national average

Living Wage (1 Adult)

$24,447

per year

Living Wage (Family of 4)

$57,785

per year

Cost Index by Category

Housing
49.9
Food
70.9
Transportation
41.8
Healthcare
76.7
Utilities
72.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$785

per month

2 Bedroom

$973

per month

The overall cost of living index in Gonvick is 55.6, which is 44.4% below the national average. Housing costs are below the national average at an index of 49.9. A single adult needs to earn approximately $24,447 per year to cover basic expenses.