Cost of Living in Spring Park, MN

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

Cost of Living Overview

Overall Index

124.9

100 = national avg

+24.9 vs national average

Living Wage (1 Adult)

$54,935

per year

Living Wage (Family of 4)

$129,847

per year

Cost Index by Category

Housing
201.3
Food
85.8
Transportation
71.6
Healthcare
88.7
Utilities
111.7

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 Spring Park is 124.9, which is 24.9% above the national average. Housing costs are above the national average at an index of 201.3. A single adult needs to earn approximately $54,935 per year to cover basic expenses.