Cost of Living in Otsego, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
174.2
100 = national avg
+74.2 vs national average
Living Wage (1 Adult)
$76,643
per year
Living Wage (Family of 4)
$181,156
per year
Cost Index by Category
Housing186.9
Food147.2
Transportation194.5
Healthcare137.8
Utilities145.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Otsego is 174.2, which is 74.2% above the national average. Housing costs are above the national average at an index of 186.9. A single adult needs to earn approximately $76,643 per year to cover basic expenses.