Spring Lake Park, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
102
Spring Lake Park's Overall Cost Of Living
1.0x
Higher Than The National Average
59 out of 147
In Minnesota
3,380 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 Spring Lake Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Spring Lake Park, MN?

According to the most recent data on the cost of living, Spring Lake Park has an overall cost of living index of 102 which is 1.0x higher than the national index of 100.

Compared to only Minnesota, Spring Lake Park has a cost of living index that's 1.0x lower than Minnesota's index of 104.

The standard of living in Spring Lake Park ranks as #3,380 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Spring Lake Park ranks as the #3,039 most expensive place in the North Star State.

For more reading on life in Spring Lake Park, check out:

Spring Lake Park Cost Of Living Vs. Minnesota

Living Expense Spring Lake Park Minnesota National Average
Overall 102 104 100
Services 112 106 100
Groceries 101 102 100
Health 103 113 100
Housing 89 101 100
Transportation 100 102 100
Utilities 97 98 100
For more reading on cost of living around Minnesota, check out:
Spring Lake Park Cost of Living Vs. MN

Spring Lake Park, 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.

$199,300
Median Home Value
$1,085
Median Rent
$71,958
Median Income
Statistic Spring Lake Park Minnesota United States
Median Home Value $199,300 $235,700 $229,800
Median Rent $1,085 $1,010 $1,096
Median Income $71,958 $73,382 $64,994
Home Value To Income 2.8x 3.2x 3.5x
Rent To Monthly Income 0.18x 0.17x 0.2x

Detailed Spring Lake Park Services Costs Vs. Minnesota

Item Spring Lake Park Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67

Detailed Spring Lake Park Groceries Costs Vs. Minnesota

Item Spring Lake Park Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05

Detailed Spring Lake Park Health Costs Vs. Minnesota

Item Spring Lake Park Minnesota
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05
Toothpaste $3.36 $2.34

Detailed Spring Lake Park Transportation Costs Vs. Minnesota

Item Spring Lake Park Minnesota
Potatoes $3.32 $3.29
Pizza $12.99 $10.62
Beer $8.96 $9.38
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed Spring Lake Park Utilities Costs Vs. Minnesota

Item Spring Lake Park Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07
All Electricity $160.63 $167.67
Phone $180.98 $175.64

Spring Lake Park SnackAbility

8
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
8.5
Safety
4
Amenities
8.5
Education
8
Commute
7

Cost Of Living In Cities Around Spring Lake Park

City Population Cost Of Living Vs. Spring Lake Park
Brooklyn Park, MN 80,173 105 1.0x
Plymouth, MN 78,879 122 1.2x
Maple Grove, MN 71,569 117 1.1x
Blaine, MN 65,048 104 1.0x
Minnetonka, MN 53,760 121 1.2x
Edina, MN 52,215 135 1.3x
Brooklyn Center, MN 30,755 100 1.0x
Fridley, MN 27,789 103 1.0x
Shoreview, MN 26,922 110 1.1x
Champlin, MN 24,980 110 1.1x

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