Cost of Living in Red Lake, MN

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

Cost of Living Overview

Overall Index

76.2

100 = national avg

-23.8 vs national average

Living Wage (1 Adult)

$33,533

per year

Living Wage (Family of 4)

$79,259

per year

Cost Index by Category

Housing
54.7
Food
92.1
Transportation
84.2
Healthcare
93.7
Utilities
86.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$876

per month

2 Bedroom

$1,135

per month

The overall cost of living index in Red Lake is 76.2, which is 23.8% below the national average. Housing costs are below the national average at an index of 54.7. A single adult needs to earn approximately $33,533 per year to cover basic expenses.