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 101, which is 1.0x higher than the national index of 100.
Compared to Minnesota, Spring Lake Park has a cost of living index that's 1.0x lower than Minnesota's index of 101.
The standard of living in Spring Lake Park ranks as #47 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Spring Lake Park ranks as the #104 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
Six factors go into calculating the cost of living index in Spring Lake Park. Here is how it fares on each of the criteria:
The Services index in Spring Lake Park is 97.
The Groceries index in Spring Lake Park is 99.
The Health index in Spring Lake Park is 113.
The Housing index in Spring Lake Park is 100.
The Transportation index in Spring Lake Park is 110.
The Utilities index in Spring Lake Park is 100.
| Living Expense | Spring Lake Park | Minnesota | National Average |
|---|---|---|---|
| Overall | 101 | 101 | 100 |
| Services | 97 | 101 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 113 | 99 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 110 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
Spring Lake Park 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 Spring Lake Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Spring Lake Park, 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 Spring Lake Park is $318,674.
The Median Rent in Spring Lake Park is $1,413.
The Median Income in Spring Lake Park is $90,753.
The Home Value To Income in Spring Lake Park is 3.5x.
The Rent To Monthly Income in Spring Lake Park is 0.19x.
| Statistic | Spring Lake Park | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $318,674 | $346,667 | $332,700 |
| Median Rent | $1,413 | $1,280 | $1,413 |
| Median Income | $90,753 | $89,062 | $80,734 |
| Home Value To Income | 3.5x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
Spring Lake Park, MN Costs By Category
Detailed Spring Lake Park Services costs vs. Minnesota
| Item | Spring Lake Park | Minnesota |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $11.32 | $12.13 |
| Bowling | $25.68 | $18 |
| Haircut | $25.86 | $24.26 |
| Beauty Salon | $37.0 | $45.56 |
Detailed Spring Lake Park Groceries costs vs. Minnesota
| Item | Spring Lake Park | Minnesota |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.76 | $4.93 |
| Pizza | $13.0 | $12.09 |
| Beer | $9.44 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Spring Lake Park Health costs vs. Minnesota
| Item | Spring Lake Park | Minnesota |
|---|---|---|
| Optometrist | $112.72 | $125.68 |
| Doctor | $164.15 | $135.78 |
| Dentist | $95.01 | $113.29 |
Detailed Spring Lake Park Transportation costs vs. Minnesota
| Item | Spring Lake Park | Minnesota |
|---|---|---|
| Gasoline | $3.32 | $3.46 |
| Tire Balancing | $59.91 | $59.92 |
Detailed Spring Lake Park Utilities costs vs. Minnesota
| Item | Spring Lake Park | Minnesota |
|---|---|---|
| All Electricity | $180.11 | $193.99 |
| Phone | $187.59 | $192.25 |
Spring Lake Park SnackAbility
Cost Of Living In Cities Around Spring Lake Park
The cost of living varies in the cities and towns around Spring Lake Park. Here's a quick look at the cost of living in the most populous nearby places:
Brooklyn Park, MN has a cost of living index of 108, 1.1x Spring Lake Park.
Plymouth, MN has a cost of living index of 124, 1.2x Spring Lake Park.
Blaine, MN has a cost of living index of 114, 1.1x Spring Lake Park.
| City | Population | Cost Of Living | Vs. Spring Lake Park |
|---|---|---|---|
| Brooklyn Park, MN | 83,876 | 108 | 1.1x |
| Plymouth, MN | 79,220 | 124 | 1.2x |
| Blaine, MN | 72,488 | 114 | 1.1x |
| Maple Grove, MN | 71,173 | 117 | 1.2x |
| Edina, MN | 53,262 | 141 | 1.4x |
| Minnetonka, MN | 53,064 | 127 | 1.3x |
| Brooklyn Center, MN | 32,479 | 102 | 1.0x |
| Fridley, MN | 30,241 | 105 | 1.0x |
| Shoreview, MN | 26,714 | 116 | 1.1x |
| Champlin, MN | 23,294 | 111 | 1.1x |
