Cost of Living in Slayton, MN

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

Cost of Living Overview

Overall Index

90.3

100 = national avg

-9.7 vs national average

Living Wage (1 Adult)

$39,711

per year

Living Wage (Family of 4)

$93,862

per year

Cost Index by Category

Housing
79.3
Food
100.2
Transportation
85.1
Healthcare
100.2
Utilities
96.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$852

per month

2 Bedroom

$973

per month

The overall cost of living index in Slayton is 90.3, which is 9.7% below the national average. Housing costs are below the national average at an index of 79.3. A single adult needs to earn approximately $39,711 per year to cover basic expenses.