Cost of Living in McKinley, MN

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

Cost of Living Overview

Overall Index

80.2

100 = national avg

-19.8 vs national average

Living Wage (1 Adult)

$35,305

per year

Living Wage (Family of 4)

$83,449

per year

Cost Index by Category

Housing
63.4
Food
93.0
Transportation
86.0
Healthcare
94.4
Utilities
88.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$978

per month

2 Bedroom

$1,232

per month

The overall cost of living index in McKinley is 80.2, which is 19.8% below the national average. Housing costs are below the national average at an index of 63.4. A single adult needs to earn approximately $35,305 per year to cover basic expenses.