Cost of Living in Myrtle, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.1
100 = national avg
-25.9 vs national average
Living Wage (1 Adult)
$32,598
per year
Living Wage (Family of 4)
$77,050
per year
Cost Index by Category
Housing34.2
Food98.2
Transportation96.5
Healthcare98.6
Utilities85.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Myrtle is 74.1, which is 25.9% below the national average. Housing costs are below the national average at an index of 34.2. A single adult needs to earn approximately $32,598 per year to cover basic expenses.