Cost of Living in Sherburn, MN

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

Cost of Living Overview

Overall Index

87.0

100 = national avg

-13.0 vs national average

Living Wage (1 Adult)

$38,262

per year

Living Wage (Family of 4)

$90,438

per year

Cost Index by Category

Housing
69.2
Food
98.2
Transportation
96.3
Healthcare
98.5
Utilities
92.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$803

per month

2 Bedroom

$973

per month

The overall cost of living index in Sherburn is 87.0, which is 13.0% below the national average. Housing costs are below the national average at an index of 69.2. A single adult needs to earn approximately $38,262 per year to cover basic expenses.