Cost of Living in North Branch, MN

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

Cost of Living Overview

Overall Index

132.0

100 = national avg

+32.0 vs national average

Living Wage (1 Adult)

$58,071

per year

Living Wage (Family of 4)

$137,259

per year

Cost Index by Category

Housing
140.5
Food
119.1
Transportation
138.2
Healthcare
115.3
Utilities
119.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in North Branch is 132.0, which is 32.0% above the national average. Housing costs are above the national average at an index of 140.5. A single adult needs to earn approximately $58,071 per year to cover basic expenses.