Cost of Living in Tracy, MN

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

Cost of Living Overview

Overall Index

82.3

100 = national avg

-17.7 vs national average

Living Wage (1 Adult)

$36,231

per year

Living Wage (Family of 4)

$85,638

per year

Cost Index by Category

Housing
61.0
Food
96.4
Transportation
92.8
Healthcare
97.1
Utilities
90.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$834

per month

2 Bedroom

$973

per month

The overall cost of living index in Tracy is 82.3, which is 17.7% below the national average. Housing costs are below the national average at an index of 61.0. A single adult needs to earn approximately $36,231 per year to cover basic expenses.