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Blackduck, MN vs Lake George, MN

68
Blackduck
Minnesota
VS
-18.4%
83
Lake George
Minnesota

There is a significant gap in the cost of living between these two cities. Blackduck is 18.4% cheaper than Lake George. With a cost index of 68 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Blackduck to Lake George should plan for substantially higher expenses across most categories.

On the housing front, median rent in Blackduck is $749/month compared to $1,025/month in Lake George — a 27% difference. Home values follow the same pattern: Blackduck is more affordable at $138,800 median vs $222,500.

Median household income in Blackduck is $35,417 compared to $68,500 in Lake George (-48.3%). While Lake George is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Blackduck spend roughly 25.4% of their income on rent, more than the 18% in Lake George.

Income & Cost

Cost of Living Index
Blackduck
68
18% cheaper
Lake George
83
Median Household Income
Blackduck
$35,417
Lake George
$68,500
48% higher

Housing

Median Rent
Blackduck
$749
27% cheaper
Lake George
$1,025
Median Home Value
Blackduck
$138,800
38% cheaper
Lake George
$222,500
Population
Blackduck
715
Lake George
245

Salary Equivalency Calculator

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