Cost of Living in Greenfield, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
188.3
100 = national avg
+88.3 vs national average
Living Wage (1 Adult)
$82,847
per year
Living Wage (Family of 4)
$195,821
per year
Cost Index by Category
Housing188.3
Food162.5
Transportation225.0
Healthcare150.0
Utilities155.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Greenfield is 188.3, which is 88.3% above the national average. Housing costs are above the national average at an index of 188.3. A single adult needs to earn approximately $82,847 per year to cover basic expenses.