Cost of Living in Nashua, MN

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

Cost of Living Overview

Overall Index

85.0

100 = national avg

-15.0 vs national average

Living Wage (1 Adult)

$37,410

per year

Living Wage (Family of 4)

$88,423

per year

Cost Index by Category

Housing
65.0
Transportation
128.8
Utilities
89.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$751

per month

2 Bedroom

$973

per month

The overall cost of living index in Nashua is 85.0, which is 15.0% below the national average. Housing costs are below the national average at an index of 65.0. A single adult needs to earn approximately $37,410 per year to cover basic expenses.