Clear Lake, MN Cost of Living


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How much do I need to live in Clear Lake, Minnesota?
$5,820 / month
for a family, 7.8% more expensive than the national average A total of $69,840 for the year for a family.
$3,633 / month
for a single person, 23.8% less expensive than the national average A total of $43,600 for the year for a single person.

Clear Lake cost of living score
105.7
More expensive
5.7% higher
than the US average
8.7% higher
than the Minnesota average
Clear Lake, 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.

Clear Lake, MN

Housing costs in Clear Lake?
A typical home costs $365,400, which is 8.1% more expensive than the national average of $338,100 and 18.1% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Clear Lake costs $1,330 per month, which is 7.0% cheaper than the national average of $1,430 and 6.8% more than the state average of $1,240.

Can I afford Clear Lake?
To live comfortably in Clear Lake, Minnesota, a minimum annual income of $69,840 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Clear Lake?
Clear Lake, MN is a great place for anyone looking to live in a peaceful, quiet town. The cost of living in Clear Lake, MN is relatively affordable, making it an attractive option for potential residents. The median home value is around $90,000 and the median rent is just over $700 per month. The overall cost of living in Clear Lake, MN is 9% lower than the United States average and 7% lower than the state average. In addition to being affordable, there are many amenities like grocery stores, banks, restaurants and more located conveniently near the town center. With its low cost of living and abundance of local amenities, Clear Lake makes an ideal place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesClear LakeMinnesotaUnited States
    Unlock97.2100.0
  101.5  Unlock100.0
    Unlock78.3100.0
  113.9  Unlock100.0
    Unlock$309,500$338,100
  100.2  Unlock100.0
    Unlock96.4100.0
  110.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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