Cost of Living in Twin Lakes, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.1
100 = national avg
-29.9 vs national average
Living Wage (1 Adult)
$30,857
per year
Living Wage (Family of 4)
$72,935
per year
Cost Index by Category
Housing55.3
Food85.0
Transportation70.1
Healthcare88.0
Utilities82.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$974
per month
The overall cost of living index in Twin Lakes is 70.1, which is 29.9% below the national average. Housing costs are below the national average at an index of 55.3. A single adult needs to earn approximately $30,857 per year to cover basic expenses.