Cost of Living in Vermillion, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.1
100 = national avg
+29.1 vs national average
Living Wage (1 Adult)
$56,816
per year
Living Wage (Family of 4)
$134,292
per year
Cost Index by Category
Housing127.6
Food121.2
Transportation142.5
Healthcare117.0
Utilities118.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Vermillion is 129.1, which is 29.1% above the national average. Housing costs are above the national average at an index of 127.6. A single adult needs to earn approximately $56,816 per year to cover basic expenses.