Cost of Living in Wood Lake, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.7
100 = national avg
-11.3 vs national average
Living Wage (1 Adult)
$39,050
per year
Living Wage (Family of 4)
$92,299
per year
Cost Index by Category
Housing60.0
Food102.7
Transportation113.0
Healthcare102.2
Utilities93.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$753
per month
2 Bedroom
$973
per month
The overall cost of living index in Wood Lake is 88.7, which is 11.3% below the national average. Housing costs are below the national average at an index of 60.0. A single adult needs to earn approximately $39,050 per year to cover basic expenses.