Cost of Living in Wolf Lake, MN

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

Cost of Living Overview

Overall Index

96.6

100 = national avg

-3.4 vs national average

Living Wage (1 Adult)

$42,495

per year

Living Wage (Family of 4)

$100,442

per year

Cost Index by Category

Housing
89.2
Food
100.6
Transportation
101.3
Healthcare
100.5
Utilities
98.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$783

per month

2 Bedroom

$1,027

per month

The overall cost of living index in Wolf Lake is 96.6, which is 3.4% below the national average. Housing costs are below the national average at an index of 89.2. A single adult needs to earn approximately $42,495 per year to cover basic expenses.