Cost of Living in Spring Lake Park, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
125.9
100 = national avg
+25.9 vs national average
Living Wage (1 Adult)
$55,399
per year
Living Wage (Family of 4)
$130,944
per year
Cost Index by Category
Housing148.5
Food108.9
Transportation117.9
Healthcare107.2
Utilities115.1
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 Spring Lake Park is 125.9, which is 25.9% above the national average. Housing costs are above the national average at an index of 148.5. A single adult needs to earn approximately $55,399 per year to cover basic expenses.