Cost of Living in Bingham Lake, MN
Population: 106 | Minnesota
Bingham Lake is 8% less expensive than the national average.
Cost of Living in Bingham Lake, MN: What You Need to Know
With a cost of living index of 92, Bingham Lake, MN is slightly more affordable than average. Living here is 8% cheaper than the national average and 10% above the Minnesota state average of 82. Bingham Lake is a small community of 106 residents.
The median household income in Bingham Lake is $86,250, which is 15% higher than the national median of $75,149.
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
- $86,250
- vs US Median ($75,149)
- +15%
Housing
- Median Home Value
- $225,000
- Median Monthly Housing Cost
- $900/mo