Cost of Living in Lakeland Shores, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
187.1
100 = national avg
+87.1 vs national average
Living Wage (1 Adult)
$82,317
per year
Living Wage (Family of 4)
$194,569
per year
Cost Index by Category
Housing231.7
Food154.6
Transportation141.0
Healthcare143.7
Utilities159.1
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 Lakeland Shores is 187.1, which is 87.1% above the national average. Housing costs are above the national average at an index of 231.7. A single adult needs to earn approximately $82,317 per year to cover basic expenses.