Cost of Living in Pennock, MN

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

Cost of Living Overview

Overall Index

102.6

100 = national avg

+2.6 vs national average

Living Wage (1 Adult)

$45,148

per year

Living Wage (Family of 4)

$106,713

per year

Cost Index by Category

Housing
100.7
Food
102.6
Transportation
105.2
Healthcare
102.1
Utilities
101.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$787

per month

2 Bedroom

$973

per month

The overall cost of living index in Pennock is 102.6, which is 2.6% above the national average. Housing costs are above the national average at an index of 100.7. A single adult needs to earn approximately $45,148 per year to cover basic expenses.