Cost of Living in Midway, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.3
100 = national avg
-24.7 vs national average
Living Wage (1 Adult)
$33,119
per year
Living Wage (Family of 4)
$78,282
per year
Cost Index by Category
Housing79.9
Food80.6
Transportation61.1
Healthcare84.5
Utilities84.3
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 Midway is 75.3, which is 24.7% below the national average. Housing costs are below the national average at an index of 79.9. A single adult needs to earn approximately $33,119 per year to cover basic expenses.