Cost of Living in Hendricks, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.1
100 = national avg
-27.9 vs national average
Living Wage (1 Adult)
$31,703
per year
Living Wage (Family of 4)
$74,934
per year
Cost Index by Category
Housing61.8
Food84.5
Transportation69.0
Healthcare87.6
Utilities83.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Hendricks is 72.1, which is 27.9% below the national average. Housing costs are below the national average at an index of 61.8. A single adult needs to earn approximately $31,703 per year to cover basic expenses.