Cost of Living in Halma, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.0
100 = national avg
-30.0 vs national average
Living Wage (1 Adult)
$30,798
per year
Living Wage (Family of 4)
$72,794
per year
Cost Index by Category
Housing42.7
Food90.1
Transportation80.3
Healthcare92.1
Utilities82.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$973
per month
The overall cost of living index in Halma is 70.0, which is 30.0% below the national average. Housing costs are below the national average at an index of 42.7. A single adult needs to earn approximately $30,798 per year to cover basic expenses.