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Big Lake, MN vs Nicollet, MN

91
Big Lake
Minnesota
VS
+22.5%
74
Nicollet
Minnesota

There is a significant gap in the cost of living between these two cities. Nicollet is 22.5% cheaper than Big Lake. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nicollet to Big Lake should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Big Lake are $251,000 compared to $214,100 in Nicollet, a 17% gap.

Median household income in Big Lake is $84,583 compared to $80,500 in Nicollet (+5.1%). Big Lake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Big Lake
91
Nicollet
74
18% cheaper
Median Household Income
Big Lake
$84,583
5% higher
Nicollet
$80,500

Housing

Median Rent
Big Lake
Nicollet
$862
Median Home Value
Big Lake
$251,000
Nicollet
$214,100
15% cheaper
Population
Big Lake
351
Nicollet
966

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Big Lake $2.97
Nicollet $2.97
US $3.07
🥚
Eggs (grade A, large)
Big Lake $2.42
Nicollet $2.43
US $2.50
🥛
Milk (whole)
Big Lake $3.90
Nicollet $3.91
US $4.03
🍞
Bread (white)
Big Lake $1.79
Nicollet $1.79
US $1.85
🍗
Chicken breast
Big Lake $4.01
Nicollet $4.02
US $4.14
Electricity
Big Lake $0.17
Nicollet $0.17
US $0.19