Cost of Living in Racine, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.3
100 = national avg
+33.3 vs national average
Living Wage (1 Adult)
$58,673
per year
Living Wage (Family of 4)
$138,681
per year
Cost Index by Category
Housing135.5
Food122.7
Transportation145.4
Healthcare118.2
Utilities120.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,049
per month
The overall cost of living index in Racine is 133.3, which is 33.3% above the national average. Housing costs are above the national average at an index of 135.5. A single adult needs to earn approximately $58,673 per year to cover basic expenses.