Cost of Living in Strathcona, MN

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

Cost of Living Overview

Overall Index

108.0

100 = national avg

+8.0 vs national average

Living Wage (1 Adult)

$47,505

per year

Living Wage (Family of 4)

$112,285

per year

Cost Index by Category

Housing
94.3
Transportation
146.4
Utilities
98.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$867

per month

2 Bedroom

$973

per month

The overall cost of living index in Strathcona is 108.0, which is 8.0% above the national average. Housing costs are below the national average at an index of 94.3. A single adult needs to earn approximately $47,505 per year to cover basic expenses.