Cost of Living in Ham Lake, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
162.0
100 = national avg
+62.0 vs national average
Living Wage (1 Adult)
$71,277
per year
Living Wage (Family of 4)
$168,473
per year
Cost Index by Category
Housing173.0
Food139.3
Transportation178.6
Healthcare131.4
Utilities138.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Ham Lake is 162.0, which is 62.0% above the national average. Housing costs are above the national average at an index of 173.0. A single adult needs to earn approximately $71,277 per year to cover basic expenses.