Cost of Living in Richville, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.1
100 = national avg
-14.9 vs national average
Living Wage (1 Adult)
$37,433
per year
Living Wage (Family of 4)
$88,479
per year
Cost Index by Category
Housing82.3
Utilities94.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$749
per month
2 Bedroom
$983
per month
The overall cost of living index in Richville is 85.1, which is 14.9% below the national average. Housing costs are below the national average at an index of 82.3. A single adult needs to earn approximately $37,433 per year to cover basic expenses.