What is the cost of living in Ham Lake, MN?
According to the most recent data on the cost of living, Ham Lake has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Ham Lake has a cost of living index that's 1.2x higher than Minnesota's index of 101.
The standard of living in Ham Lake ranks as #123 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Ham Lake ranks as the #28 most expensive place in the North Star State.
For more reading on life in Ham Lake, check out:
Ham Lake Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Ham Lake. Here is how it fares on each of the criteria:
The Services index in Ham Lake is 102.
The Groceries index in Ham Lake is 104.
The Health index in Ham Lake is 157.
The Housing index in Ham Lake is 96.
The Transportation index in Ham Lake is 103.
The Utilities index in Ham Lake is 104.
| Living Expense | Ham Lake | Minnesota | National Average |
|---|---|---|---|
| Overall | 117 | 101 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 104 | 99 | 100 |
| Health | 157 | 99 | 100 |
| Housing | 96 | 101 | 100 |
| Transportation | 103 | 103 | 100 |
| Utilities | 104 | 101 | 100 |
Ham Lake Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in Ham Lake Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Ham Lake, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Ham Lake is $492,263.
The Median Rent in Ham Lake is $1,173.
The Median Income in Ham Lake is $120,135.
The Home Value To Income in Ham Lake is 4.1x.
The Rent To Monthly Income in Ham Lake is 0.12x.
Ham Lake, MN Costs By Category
Detailed Ham Lake Services costs vs. Minnesota
Detailed Ham Lake Groceries costs vs. Minnesota
Detailed Ham Lake Health costs vs. Minnesota
Detailed Ham Lake Transportation costs vs. Minnesota
Ham Lake SnackAbility
Cost Of Living In Cities Around Ham Lake
The cost of living varies in the cities and towns around Ham Lake. Here's a quick look at the cost of living in the most populous nearby places:
Blaine, MN has a cost of living index of 114, 1.0x Ham Lake.
Maple Grove, MN has a cost of living index of 117, 1.0x Ham Lake.
Coon Rapids, MN has a cost of living index of 106, 0.9x Ham Lake.
| City | Population | Cost Of Living | Vs. Ham Lake |
|---|---|---|---|
| Blaine, MN | 72,488 | 114 | 1.0x |
| Maple Grove, MN | 71,173 | 117 | 1.0x |
| Coon Rapids, MN | 63,468 | 106 | 0.9x |
| Andover, MN | 33,035 | 122 | 1.0x |
| Shoreview, MN | 26,714 | 116 | 1.0x |
| Champlin, MN | 23,294 | 111 | 0.9x |
| Lino Lakes, MN | 22,113 | 115 | 1.0x |
| Golden Valley, MN | 21,725 | 122 | 1.0x |
| Hugo, MN | 16,340 | 115 | 1.0x |
| Rogers, MN | 13,685 | 124 | 1.1x |
