Cost of Living in Louisburg, MN

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

Cost of Living Overview

Overall Index

66.0

100 = national avg

-34.0 vs national average

Living Wage (1 Adult)

$29,045

per year

Living Wage (Family of 4)

$68,652

per year

Cost Index by Category

Housing
36.9
Food
88.1
Transportation
76.1
Healthcare
90.4
Utilities
80.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$833

per month

2 Bedroom

$973

per month

The overall cost of living index in Louisburg is 66.0, which is 34.0% below the national average. Housing costs are below the national average at an index of 36.9. A single adult needs to earn approximately $29,045 per year to cover basic expenses.