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Big Lake, MN vs Savage, MN

103
Big Lake
Minnesota
VS
-12.2%
118
Savage
Minnesota

Big Lake is moderately more affordable than Savage, with a 12.2% lower cost of living index. Big Lake scores 103 compared to 118 for Savage, where the US average is 100. This difference means residents of Savage can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Big Lake is $1,417/month compared to $1,608/month in Savage — a 12% difference. Home values follow the same pattern: Big Lake is more affordable at $291,700 median vs $395,600.

Median household income in Big Lake is $113,333 compared to $122,646 in Savage (-7.6%). The higher salaries in Savage partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Big Lake spend roughly 15% of their income on rent, less than the 15.7% in Savage.

Income & Cost

Cost of Living Index
Big Lake
103
12% cheaper
Savage
118
Median Household Income
Big Lake
$113,333
Savage
$122,646
8% higher

Housing

Median Rent
Big Lake
$1,417
12% cheaper
Savage
$1,608
Median Home Value
Big Lake
$291,700
26% cheaper
Savage
$395,600
Population
Big Lake
12,115
Savage
32,706

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Big Lake $3.20
Savage $3.20
US $3.07
🥚
Eggs (grade A, large)
Big Lake $2.61
Savage $2.61
US $2.50
🥛
Milk (whole)
Big Lake $4.21
Savage $4.21
US $4.03
🍞
Bread (white)
Big Lake $1.93
Savage $1.93
US $1.85
🍗
Chicken breast
Big Lake $4.33
Savage $4.33
US $4.14
Electricity
Big Lake $0.17
Savage $0.17
US $0.19