Big Lake township, MN Cost of Living


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Big Lake township cost of living score
105.7
More expensive
5.7% higher
than the US average
8.7% higher
than the Minnesota average
Big Lake township, Minnesota gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 8.7% higher than the average for Minnesota.

Big Lake township, MN

Housing costs in Big Lake township?
A typical home costs $448,300, which is 32.6% more expensive than the national average of $338,100 and 44.8% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Big Lake township costs $1,290 per month, which is 9.8% cheaper than the national average of $1,430 and 3.9% more than the state average of $1,240.

Can I afford Big Lake township?
To live comfortably in Big Lake township, Minnesota, a minimum annual income of $86,040 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Big Lake township?
The cost of living in Big Lake Township, MN is relatively low compared to the rest of the state. The median home value in Big Lake is $188,000, which is well below the state average. Most other necessary expenses such as utilities and food are also much lower than the national average. This makes Big Lake an attractive place for people looking to settle down and start a family without having to break the bank.
   Cost of living score
     CategoriesBig Lake townshipMinnesotaUnited States
  105.797.2100.0
  100.697.2100
  75.378.3100.0
  131.0102.9100.0
  $448,300$309,500$338,100
  100.2%95.7%100.0%
  117.196.4100.0
  110.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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