Cost of Living in Silver Creek, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
138.4
100 = national avg
+38.4 vs national average
Living Wage (1 Adult)
$60,902
per year
Living Wage (Family of 4)
$143,950
per year
Cost Index by Category
Housing201.8
Food100.8
Transportation101.7
Healthcare100.7
Utilities120.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Silver Creek is 138.4, which is 38.4% above the national average. Housing costs are above the national average at an index of 201.8. A single adult needs to earn approximately $60,902 per year to cover basic expenses.