Cost of Living in Medicine Lake, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

233.9

100 = national avg

+133.9 vs national average

Living Wage (1 Adult)

$102,927

per year

Living Wage (Family of 4)

$243,282

per year

Cost Index by Category

Housing
285.8
Food
173.2
Transportation
246.5
Healthcare
158.6
Utilities
181.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Medicine Lake is 233.9, which is 133.9% above the national average. Housing costs are above the national average at an index of 285.8. A single adult needs to earn approximately $102,927 per year to cover basic expenses.