Cost of Living in Ormsby, MN

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

Cost of Living Overview

Overall Index

67.3

100 = national avg

-32.7 vs national average

Living Wage (1 Adult)

$29,608

per year

Living Wage (Family of 4)

$69,983

per year

Cost Index by Category

Housing
36.5
Food
85.5
Transportation
95.5
Healthcare
88.4
Utilities
78.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$803

per month

2 Bedroom

$973

per month

The overall cost of living index in Ormsby is 67.3, which is 32.7% below the national average. Housing costs are below the national average at an index of 36.5. A single adult needs to earn approximately $29,608 per year to cover basic expenses.