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Big Lake, MN vs Morristown, MN

91
Big Lake
Minnesota
VS
+9.8%
83
Morristown
Minnesota

Morristown is moderately more affordable than Big Lake, with a 9.8% lower cost of living index. Big Lake scores 91 compared to 83 for Morristown, where the US average is 100. This difference means residents of Big Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Big Lake are $251,000 compared to $175,600 in Morristown, a 43% gap.

Median household income in Big Lake is $84,583 compared to $74,479 in Morristown (+13.6%). While Big Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Big Lake
91
Morristown
83
9% cheaper
Median Household Income
Big Lake
$84,583
12% higher
Morristown
$74,479

Housing

Median Rent
Big Lake
Morristown
$1,152
Median Home Value
Big Lake
$251,000
Morristown
$175,600
30% cheaper
Population
Big Lake
351
Morristown
982

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Big Lake $2.97
Morristown
US $3.07
🥚
Eggs (grade A, large)
Big Lake $2.42
Morristown
US $2.50
🥛
Milk (whole)
Big Lake $3.90
Morristown
US $4.03
🍞
Bread (white)
Big Lake $1.79
Morristown
US $1.85
🍗
Chicken breast
Big Lake $4.01
Morristown
US $4.14
Electricity
Big Lake $0.17
Morristown
US $0.19