Cost of Living in Paynesville, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.2
100 = national avg
-0.8 vs national average
Living Wage (1 Adult)
$43,661
per year
Living Wage (Family of 4)
$103,198
per year
Cost Index by Category
Housing85.6
Food105.1
Transportation110.2
Healthcare104.1
Utilities100.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,206
per month
The overall cost of living index in Paynesville is 99.2, which is 0.8% below the national average. Housing costs are below the national average at an index of 85.6. A single adult needs to earn approximately $43,661 per year to cover basic expenses.