Cost of Living in Soudan, MN

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

Cost of Living Overview

Overall Index

77.3

100 = national avg

-22.7 vs national average

Living Wage (1 Adult)

$33,997

per year

Living Wage (Family of 4)

$80,357

per year

Cost Index by Category

Housing
50.0
Food
92.4
Transportation
101.5
Healthcare
94.0
Utilities
85.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$978

per month

2 Bedroom

$1,232

per month

The overall cost of living index in Soudan is 77.3, which is 22.7% below the national average. Housing costs are below the national average at an index of 50.0. A single adult needs to earn approximately $33,997 per year to cover basic expenses.