Cost of Living in Olivia, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.5
100 = national avg
-8.5 vs national average
Living Wage (1 Adult)
$40,272
per year
Living Wage (Family of 4)
$95,187
per year
Cost Index by Category
Housing82.1
Food97.9
Transportation95.8
Healthcare98.3
Utilities95.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$781
per month
2 Bedroom
$973
per month
The overall cost of living index in Olivia is 91.5, which is 8.5% below the national average. Housing costs are below the national average at an index of 82.1. A single adult needs to earn approximately $40,272 per year to cover basic expenses.