Cost of Living in Urbank, MN

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

Cost of Living Overview

Overall Index

75.2

100 = national avg

-24.8 vs national average

Living Wage (1 Adult)

$33,103

per year

Living Wage (Family of 4)

$78,242

per year

Cost Index by Category

Housing
45.3
Food
94.9
Transportation
89.8
Healthcare
95.9
Utilities
86.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$749

per month

2 Bedroom

$983

per month

The overall cost of living index in Urbank is 75.2, which is 24.8% below the national average. Housing costs are below the national average at an index of 45.3. A single adult needs to earn approximately $33,103 per year to cover basic expenses.