Cost of Living in Hibbing, 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)
$36,172
per year
Living Wage (Family of 4)
$85,497
per year
Cost Index by Category
Housing72.9
Food92.4
Transportation78.2
Healthcare93.9
Utilities90.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$978
per month
2 Bedroom
$1,232
per month
The overall cost of living index in Hibbing is 82.2, which is 17.8% below the national average. Housing costs are below the national average at an index of 72.9. A single adult needs to earn approximately $36,172 per year to cover basic expenses.