Big Lake, MN vs Oakdale, MN
Big Lake, MN and Oakdale, MN have a very similar cost of living, with only a 2.1% difference in their overall index. Big Lake scores 103 while Oakdale scores 106 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Big Lake is $1,417/month compared to $1,452/month in Oakdale — a 2% difference. Home values follow the same pattern: Big Lake is more affordable at $291,700 median vs $305,900.
Median household income in Big Lake is $113,333 compared to $90,379 in Oakdale (+25.4%). Big Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Big Lake spend roughly 15% of their income on rent, less than the 19.3% in Oakdale.
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