Cost of Living in Hayward, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.2
100 = national avg
-17.8 vs national average
Living Wage (1 Adult)
$36,189
per year
Living Wage (Family of 4)
$85,538
per year
Cost Index by Category
Housing67.3
Food91.1
Transportation97.5
Healthcare92.9
Utilities88.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Hayward is 82.2, which is 17.8% below the national average. Housing costs are below the national average at an index of 67.3. A single adult needs to earn approximately $36,189 per year to cover basic expenses.