Cost of Living in Spicer, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.0
100 = national avg
+14.0 vs national average
Living Wage (1 Adult)
$50,140
per year
Living Wage (Family of 4)
$118,513
per year
Cost Index by Category
Housing117.5
Food108.4
Transportation116.8
Healthcare106.7
Utilities108.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$787
per month
2 Bedroom
$973
per month
The overall cost of living index in Spicer is 114.0, which is 14.0% above the national average. Housing costs are above the national average at an index of 117.5. A single adult needs to earn approximately $50,140 per year to cover basic expenses.