Cost of Living in Squaw Lake, MN

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

Cost of Living Overview

Overall Index

88.1

100 = national avg

-11.9 vs national average

Living Wage (1 Adult)

$38,747

per year

Living Wage (Family of 4)

$91,585

per year

Cost Index by Category

Housing
74.2
Food
97.3
Transportation
94.6
Healthcare
97.8
Utilities
93.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$860

per month

2 Bedroom

$1,074

per month

The overall cost of living index in Squaw Lake is 88.1, which is 11.9% below the national average. Housing costs are below the national average at an index of 74.2. A single adult needs to earn approximately $38,747 per year to cover basic expenses.