Cost of Living in Plato, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.0
100 = national avg
+34.0 vs national average
Living Wage (1 Adult)
$58,966
per year
Living Wage (Family of 4)
$139,374
per year
Cost Index by Category
Housing129.5
Food126.0
Transportation151.9
Healthcare120.8
Utilities121.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$865
per month
2 Bedroom
$999
per month
The overall cost of living index in Plato is 134.0, which is 34.0% above the national average. Housing costs are above the national average at an index of 129.5. A single adult needs to earn approximately $58,966 per year to cover basic expenses.