Cost of Living in McGrath, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
32.6
100 = national avg
-67.4 vs national average
Living Wage (1 Adult)
$14,350
per year
Living Wage (Family of 4)
$33,917
per year
Cost Index by Category
Housing20.2
Utilities76.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in McGrath is 32.6, which is 67.4% below the national average. Housing costs are below the national average at an index of 20.2. A single adult needs to earn approximately $14,350 per year to cover basic expenses.