Star Lake, MN Cost of Living


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Star Lake cost of living score
87.8
Less expensive
12.2% lower
than the US average
9.7% lower
than the Minnesota average
Star Lake, Minnesota gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 9.7% higher than the average for Minnesota.

Star Lake, MN

Housing costs in Star Lake?
A typical home costs $426,500, which is 26.1% more expensive than the national average of $338,100 and 37.8% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Star Lake costs $850 per month, which is 40.6% more than the national average of $1,430 and 45.9% more than the state average of $1,240.

Can I afford Star Lake?
To live comfortably in Star Lake, Minnesota, a minimum annual income of $81,720 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Star Lake?
The cost of living in Star Lake, MN is quite reasonable. The median home value is $188,500, which is well below the national average. Additionally, housing costs are quite low; the median rent for a one-bedroom apartment is only $810. Groceries and utilities in the area also tend to be quite affordable. Other basic necessities such as gas and food also tend to be reasonably priced, making it a great place for anyone looking for an affordable lifestyle.
   Cost of living score
     CategoriesStar LakeMinnesotaUnited States
  87.897.2100.0
  100.797.2100
  81.078.3100.0
  84.2102.9100.0
  $426,500$309,500$338,100
  92.4%95.7%100.0%
  91.796.4100.0
  99.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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