Cost of Living in Ramsey, MN

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

Cost of Living Overview

Overall Index

157.9

100 = national avg

+57.9 vs national average

Living Wage (1 Adult)

$69,479

per year

Living Wage (Family of 4)

$164,224

per year

Cost Index by Category

Housing
186.7
Food
135.7
Transportation
132.0
Healthcare
128.5
Utilities
138.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Ramsey is 157.9, which is 57.9% above the national average. Housing costs are above the national average at an index of 186.7. A single adult needs to earn approximately $69,479 per year to cover basic expenses.