Cost of Living in Riverland, MN

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

Cost of Living Overview

Overall Index

59.0

100 = national avg

-41.0 vs national average

Living Wage (1 Adult)

$25,969

per year

Living Wage (Family of 4)

$61,380

per year

Cost Index by Category

Housing
47.7
Food
77.0
Transportation
46.2
Healthcare
81.6
Utilities
75.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Riverland is 59.0, which is 41.0% below the national average. Housing costs are below the national average at an index of 47.7. A single adult needs to earn approximately $25,969 per year to cover basic expenses.