Cost of Living in Grand Meadow, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.8
100 = national avg
-7.2 vs national average
Living Wage (1 Adult)
$40,827
per year
Living Wage (Family of 4)
$96,500
per year
Cost Index by Category
Housing74.4
Food102.5
Transportation105.1
Healthcare102.0
Utilities96.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,049
per month
The overall cost of living index in Grand Meadow is 92.8, which is 7.2% below the national average. Housing costs are below the national average at an index of 74.4. A single adult needs to earn approximately $40,827 per year to cover basic expenses.