Cost of Living in Lake Wilson, MN

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

Cost of Living Overview

Overall Index

83.0

100 = national avg

-17.0 vs national average

Living Wage (1 Adult)

$36,529

per year

Living Wage (Family of 4)

$86,341

per year

Cost Index by Category

Housing
65.2
Food
95.4
Transportation
90.8
Healthcare
96.3
Utilities
90.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$852

per month

2 Bedroom

$973

per month

The overall cost of living index in Lake Wilson is 83.0, which is 17.0% below the national average. Housing costs are below the national average at an index of 65.2. A single adult needs to earn approximately $36,529 per year to cover basic expenses.