Forest Lake, MN Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
110
Forest Lake's Overall Cost Of Living
1.1x
Higher Than The National Average
103 out of 147
In Minnesota
4,128 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Forest Lake is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Forest Lake, MN?

According to the most recent data on the cost of living, Forest Lake has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only Minnesota, Forest Lake has a cost of living index that's 1.1x higher than Minnesota's index of 104.

The standard of living in Forest Lake ranks as #4,129 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Forest Lake ranks as the #2,289 most expensive place in the North Star State.

For more reading on life in Forest Lake, check out:

Forest Lake Cost Of Living Vs. Minnesota

Living Expense Forest Lake Minnesota National Average
Overall 110 104 100
Services 112 106 100
Groceries 103 102 100
Health 104 113 100
Housing 118 101 100
Transportation 103 102 100
Utilities 97 98 100
For more reading on cost of living around Minnesota, check out:
Forest Lake Cost of Living Vs. MN

Forest Lake, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$286,500
Median Home Value
$1,132
Median Rent
$84,436
Median Income
Statistic Forest Lake Minnesota United States
Median Home Value $286,500 $235,700 $229,800
Median Rent $1,132 $1,010 $1,096
Median Income $84,436 $73,382 $64,994
Home Value To Income 3.4x 3.2x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x

Detailed Forest Lake Services Costs Vs. Minnesota

Item Forest Lake Minnesota
Shampoo $1.11 $1.06
Movie $10.55 $10.68
Bowling $25.79 $14.67

Detailed Forest Lake Groceries Costs Vs. Minnesota

Item Forest Lake Minnesota
Ground Beef $4.45 $4.22
Fried Chicken $2.2 $1.39
Milk $2.59 $2.05

Detailed Forest Lake Health Costs Vs. Minnesota

Item Forest Lake Minnesota
Haircut $25.21 $18.62
Beauty Salon $35.12 $39.05
Toothpaste $3.37 $2.34

Detailed Forest Lake Transportation Costs Vs. Minnesota

Item Forest Lake Minnesota
Potatoes $3.33 $3.29
Pizza $12.95 $10.62
Beer $9.01 $9.38
Optometrist $90.27 $108.57
Doctor $148.38 $116.17
Dentist $86.91 $99.13

Detailed Forest Lake Utilities Costs Vs. Minnesota

Item Forest Lake Minnesota
Gasoline $2.06 $2.22
Tire Balancing $59.83 $50.07
All Electricity $156.09 $167.67
Phone $182.1 $175.64

Forest Lake SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
7
Safety
6
Amenities
8
Education
8.5
Commute
6

Cost Of Living In Cities Around Forest Lake

City Population Cost Of Living Vs. Forest Lake
Roseville, MN 36,139 107 1.0x
Andover, MN 33,019 114 1.0x
Shoreview, MN 26,922 110 1.0x
Lino Lakes, MN 21,748 114 1.0x
Ham Lake, MN 16,630 114 1.0x
Hugo, MN 15,008 112 1.0x
Vadnais Heights, MN 13,565 106 1.0x
Arden Hills, MN 10,276 120 1.1x
Lake Elmo, MN 9,071 125 1.1x
Mahtomedi, MN 8,232 118 1.1x

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