Cost of Living in Minnesota City, MN

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

Cost of Living Overview

Overall Index

92.4

100 = national avg

-7.6 vs national average

Living Wage (1 Adult)

$40,669

per year

Living Wage (Family of 4)

$96,126

per year

Cost Index by Category

Housing
85.4
Food
97.6
Transportation
95.2
Healthcare
98.1
Utilities
95.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$868

per month

2 Bedroom

$1,066

per month

The overall cost of living index in Minnesota City is 92.4, which is 7.6% below the national average. Housing costs are below the national average at an index of 85.4. A single adult needs to earn approximately $40,669 per year to cover basic expenses.