Cost of Living in Goodridge, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
62.2
100 = national avg
-37.8 vs national average
Living Wage (1 Adult)
$27,353
per year
Living Wage (Family of 4)
$64,653
per year
Cost Index by Category
Housing28.6
Food80.4
Transportation100.8
Healthcare84.3
Utilities74.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$855
per month
2 Bedroom
$1,122
per month
The overall cost of living index in Goodridge is 62.2, which is 37.8% below the national average. Housing costs are below the national average at an index of 28.6. A single adult needs to earn approximately $27,353 per year to cover basic expenses.