Cost of Living in Hayfield, MN

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

Cost of Living Overview

Overall Index

102.9

100 = national avg

+2.9 vs national average

Living Wage (1 Adult)

$45,259

per year

Living Wage (Family of 4)

$106,976

per year

Cost Index by Category

Housing
99.9
Food
103.3
Transportation
106.5
Healthcare
102.6
Utilities
101.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,189

per month

2 Bedroom

$1,407

per month

The overall cost of living index in Hayfield is 102.9, which is 2.9% above the national average. Housing costs are below the national average at an index of 99.9. A single adult needs to earn approximately $45,259 per year to cover basic expenses.