Cost of Living in Murdock, MN

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

Cost of Living Overview

Overall Index

94.0

100 = national avg

-6.0 vs national average

Living Wage (1 Adult)

$41,359

per year

Living Wage (Family of 4)

$97,757

per year

Cost Index by Category

Housing
74.4
Food
103.9
Transportation
107.8
Healthcare
103.1
Utilities
97.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$768

per month

2 Bedroom

$973

per month

The overall cost of living index in Murdock is 94.0, which is 6.0% below the national average. Housing costs are below the national average at an index of 74.4. A single adult needs to earn approximately $41,359 per year to cover basic expenses.