Cost of Living in Pine Bend, MN

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

Cost of Living Overview

Overall Index

60.8

100 = national avg

-39.2 vs national average

Living Wage (1 Adult)

$26,741

per year

Living Wage (Family of 4)

$63,206

per year

Cost Index by Category

Housing
20.0
Food
77.7
Transportation
123.5
Healthcare
82.2
Utilities
70.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Pine Bend is 60.8, which is 39.2% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $26,741 per year to cover basic expenses.