Cost of Living in Nashwauk, MN

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

Cost of Living Overview

Overall Index

82.1

100 = national avg

-17.9 vs national average

Living Wage (1 Adult)

$36,129

per year

Living Wage (Family of 4)

$85,395

per year

Cost Index by Category

Housing
64.3
Food
94.7
Transportation
89.5
Healthcare
95.8
Utilities
89.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$860

per month

2 Bedroom

$1,074

per month

The overall cost of living index in Nashwauk is 82.1, which is 17.9% below the national average. Housing costs are below the national average at an index of 64.3. A single adult needs to earn approximately $36,129 per year to cover basic expenses.