Cost of Living in Humboldt, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.7
100 = national avg
-6.3 vs national average
Living Wage (1 Adult)
$41,241
per year
Living Wage (Family of 4)
$97,479
per year
Cost Index by Category
Housing92.6
Utilities97.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$973
per month
The overall cost of living index in Humboldt is 93.7, which is 6.3% below the national average. Housing costs are below the national average at an index of 92.6. A single adult needs to earn approximately $41,241 per year to cover basic expenses.