Cost of Living in Melrose, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.5
100 = national avg
-1.5 vs national average
Living Wage (1 Adult)
$43,361
per year
Living Wage (Family of 4)
$102,490
per year
Cost Index by Category
Housing109.5
Food94.4
Transportation88.8
Healthcare95.5
Utilities98.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,206
per month
The overall cost of living index in Melrose is 98.5, which is 1.5% below the national average. Housing costs are above the national average at an index of 109.5. A single adult needs to earn approximately $43,361 per year to cover basic expenses.