Cost of Living in Proctor, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.7
100 = national avg
+10.7 vs national average
Living Wage (1 Adult)
$48,725
per year
Living Wage (Family of 4)
$115,169
per year
Cost Index by Category
Housing114.5
Food111.8
Transportation89.2
Healthcare109.5
Utilities110.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$978
per month
2 Bedroom
$1,232
per month
The overall cost of living index in Proctor is 110.7, which is 10.7% above the national average. Housing costs are above the national average at an index of 114.5. A single adult needs to earn approximately $48,725 per year to cover basic expenses.