Cost of Living in Lanesboro, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
100.9
100 = national avg
+0.9 vs national average
Living Wage (1 Adult)
$44,414
per year
Living Wage (Family of 4)
$104,977
per year
Cost Index by Category
Housing75.7
Food111.1
Transportation122.3
Healthcare108.9
Utilities101.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$779
per month
2 Bedroom
$1,022
per month
The overall cost of living index in Lanesboro is 100.9, which is 0.9% above the national average. Housing costs are below the national average at an index of 75.7. A single adult needs to earn approximately $44,414 per year to cover basic expenses.