Cost of Living in Owatonna, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.6
100 = national avg
+17.6 vs national average
Living Wage (1 Adult)
$51,733
per year
Living Wage (Family of 4)
$122,278
per year
Cost Index by Category
Housing118.3
Food112.1
Transportation124.2
Healthcare109.7
Utilities110.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$870
per month
2 Bedroom
$1,142
per month
The overall cost of living index in Owatonna is 117.6, which is 17.6% above the national average. Housing costs are above the national average at an index of 118.3. A single adult needs to earn approximately $51,733 per year to cover basic expenses.