Cost of Living in Big Lake, MN
Population: 351 | Minnesota
Big Lake is 9% less expensive than the national average.
Cost of Living in Big Lake, MN: What You Need to Know
With a cost of living index of 91, Big Lake, MN is slightly more affordable than average. Living here is 9% cheaper than the national average and 9% above the Minnesota state average of 82. Big Lake is a small community of 351 residents.
The median household income in Big Lake is $84,583, which is 13% higher than the national median of $75,149.
Everyday prices in the Duluth, MN-WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $84,583
- vs US Median ($75,149)
- +13%
Housing
- Median Home Value
- $251,000
- Median Monthly Housing Cost
- $1,257/mo
Everyday Prices in Big Lake
BLS Average Prices for the Duluth, MN-WI (Metropolitan Statistical Area) area