Cost of Living in Underwood, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.8
100 = national avg
+5.8 vs national average
Living Wage (1 Adult)
$46,541
per year
Living Wage (Family of 4)
$110,006
per year
Cost Index by Category
Housing100.3
Food106.4
Transportation112.7
Healthcare105.1
Utilities103.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$749
per month
2 Bedroom
$983
per month
The overall cost of living index in Underwood is 105.8, which is 5.8% above the national average. Housing costs are above the national average at an index of 100.3. A single adult needs to earn approximately $46,541 per year to cover basic expenses.