Cost of Living in Nielsville, MN

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

Cost of Living Overview

Overall Index

63.8

100 = national avg

-36.2 vs national average

Living Wage (1 Adult)

$28,055

per year

Living Wage (Family of 4)

$66,313

per year

Cost Index by Category

Housing
48.2
Food
80.8
Transportation
61.6
Healthcare
84.6
Utilities
78.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$868

per month

2 Bedroom

$1,089

per month

The overall cost of living index in Nielsville is 63.8, which is 36.2% below the national average. Housing costs are below the national average at an index of 48.2. A single adult needs to earn approximately $28,055 per year to cover basic expenses.