Howard Lake, MN Cost of Living


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Howard Lake cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
Howard Lake, Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Howard Lake, MN

Housing costs in Howard Lake?
A typical home costs $310,600, which is 8.1% less expensive than the national average of $338,100 and 0.4% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Howard Lake costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Howard Lake?
To live comfortably in Howard Lake, Minnesota, a minimum annual income of $59,400 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Howard Lake?
The cost of living in Howard Lake, MN is quite affordable compared to many other cities in the United States. The average price for a house is around $230,000, which is much less than the national average. Additionally, groceries are approximately 10 percent lower than the national average and utilities are about the same. For those looking to settle down in a small town but not wanting to break the bank, Howard Lake is an ideal place to call home.
   Cost of living score
     CategoriesHoward LakeMinnesotaUnited States
  104.397.2100.0
  98.697.2100
  76.478.3100.0
  90.9102.9100.0
  $310,600$309,500$338,100
  99.0%95.7%100.0%
  113.896.4100.0
  121.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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