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Crosslake, MN vs Silver Lake, MN

111
Crosslake
Minnesota
VS
+54.6%
72
Silver Lake
Minnesota

The cost of living difference between Crosslake, MN and Silver Lake, MN is dramatic. Silver Lake is 54.6% cheaper than Crosslake, a gap that translates to thousands of dollars per year in household expenses. Crosslake has a cost index of 111 while Silver Lake sits at 72, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Crosslake is $1,105/month compared to $769/month in Silver Lake — a 44% difference. Home values follow the same pattern: Silver Lake is more affordable at $184,800 median vs $540,200.

Median household income in Crosslake is $85,000 compared to $75,000 in Silver Lake (+13.3%). Crosslake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Crosslake spend roughly 15.6% of their income on rent, more than the 12.3% in Silver Lake.

Income & Cost

Cost of Living Index
Crosslake
111
Silver Lake
72
35% cheaper
Median Household Income
Crosslake
$85,000
12% higher
Silver Lake
$75,000

Housing

Median Rent
Crosslake
$1,105
Silver Lake
$769
30% cheaper
Median Home Value
Crosslake
$540,200
Silver Lake
$184,800
66% cheaper
Population
Crosslake
2,648
Silver Lake
922

Salary Equivalency Calculator

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