Cost of Living in Hardwick, MN

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

Cost of Living Overview

Overall Index

65.1

100 = national avg

-34.9 vs national average

Living Wage (1 Adult)

$28,639

per year

Living Wage (Family of 4)

$67,691

per year

Cost Index by Category

Housing
56.2
Food
79.0
Transportation
58.0
Healthcare
83.2
Utilities
78.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Hardwick is 65.1, which is 34.9% below the national average. Housing costs are below the national average at an index of 56.2. A single adult needs to earn approximately $28,639 per year to cover basic expenses.