Cost of Living Calculator - Park Rapids, Minnesota vs Lake Park, Minnesota


The cost of living in Lake Park, Minnesota is 10.4% more expensive than Park Rapids, Minnesota.

You would need a salary of $55,203 in Lake Park, Minnesota to maintain the standard of living you have in Park Rapids, Minnesota.
Comparison highlights
• Overall, Lake Park, Minnesota is more expensive than Park Rapids, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
41% more expensive in Lake Park
than in Park Rapids, Minnesota
Park Rapids, MN vs Lake Park, MN
Compared to Park Rapids, Lake Park is:
  Homeowner
      No Child Care, Taxes not Considered
  10.4% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.3% higher
  Housing (Homeowner)
  35.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.1% higher
  Commute
  3.1% lower
  Health
  3.2% higher
  Taxes
  Childcare
  Personal
  1.3% higher

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