Crosslake, MN vs Shorewood, MN

There is a significant gap in the cost of living between these two cities. Crosslake is 28.7% cheaper than Shorewood. With a cost index of 111 vs 156, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Crosslake to Shorewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Crosslake is $1,105/month compared to $2,099/month in Shorewood — a 47% difference. Home values follow the same pattern: Crosslake is more affordable at $540,200 median vs $684,500.

Median household income in Crosslake is $85,000 compared to $172,325 in Shorewood (-50.7%). While Shorewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Crosslake spend roughly 15.6% of their income on rent, more than the 14.6% in Shorewood.