Cost of Living in Holland, MN

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

Cost of Living Overview

Overall Index

95.5

100 = national avg

-4.5 vs national average

Living Wage (1 Adult)

$42,005

per year

Living Wage (Family of 4)

$99,284

per year

Cost Index by Category

Housing
60.2
Food
111.4
Transportation
122.9
Healthcare
109.2
Utilities
98.9

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 Holland is 95.5, which is 4.5% below the national average. Housing costs are below the national average at an index of 60.2. A single adult needs to earn approximately $42,005 per year to cover basic expenses.