Cost of Living in Spring Park, MN

F
33%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
117%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Spring Park Minnesota National
Cost of living13399100
Goods & Services95100100
Groceries9798100
Health care101109100
Housing217100100
Transportation9797100
Utilities9593100
New Real Estate Listings in Spring Park Area
Search
Search Homes for Sale in Spring Park, MN
See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

  • The cost of living in Spring Park is 34% higher than the Minnesota average
  • The cost of living in Spring Park is 33% higher than the national average
  • Spring Park housing is 117% higher than the national average
  • Minnesota general sales tax is 35% higher than the national average
  • Minnesota state income tax is 106% higher than the national average

Most Affordable Places to Live in and Around Spring Park

See all the best places to live around Spring Park

Compare Spring Park, MN Cost of Living

      vs
      How would you rate the cost of living in Spring Park?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Spring Park?
      Write a review to give others more information about this area.
      See all Spring Park poll results

      The best places in Minnesota

      Here are the best places to live in MinnesotaThese are the largest cities in MinnesotaCheck out the 10 safest cities in MinnesotaSafest States In The US

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$109,063$9,089$2,545$3,272
      Renters$43,034$3,586$1,004$1,291

      Minnesota Sales Tax

      State General Sales Tax With Max Surtax
      Minnesota 6.875% 7.875%

      Minnesota Income Tax

      State Income Tax (Low) Income Tax (High)
      Minnesota 5.35% 9.85%

      Goods & Services

      Item Spring Park National avg. Difference
      Haircut $25.86$24.266.6%
      Beauty Salon $37.00$45.5618.8%
      Toothpaste $3.62$3.702.2%
      Shampoo $1.50$1.2816.9%
      Movie $11.32$12.136.7%
      Bowling $25.68$18.0042.6%

      Groceries

      Item Spring Park National avg. Difference
      Ground Beef $5.75$5.841.4%
      Fried Chicken $1.40$1.5711.2%
      Milk $4.60$4.671.5%
      Potatoes $4.76$4.933.5%
      Pizza $13.00$12.097.6%
      Beer $9.44$10.419.3%

      Health Care

      Item Spring Park National avg. Difference
      Optometrist $112.72$125.6810.3%
      Doctor $164.15$135.7820.9%
      Dentist $95.01$113.2916.1%
      Ibuprofen $10.71$10.650.6%
      Lipitor $499.35$468.606.6%

      Housing

      Item Spring Park National avg. Difference
      Home Price $482,300.00$184,700.00161.1%
      Avg. Mortgage Payment $1,983.77$2,346.6915.5%
      Apartment Rent $1,097.00$949.0015.6%

      Transportation

      Item Spring Park National avg. Difference
      Gasoline $3.32$3.464.0%
      Tire Balancing $59.91$59.920.0%

      Utilities

      Item Spring Park National avg. Difference
      All Electricity $180.11$193.997.2%
      Phone $187.59$192.252.4%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Montrose, MN3,505991.4%
      Norwood Young America, MN3,746991.3%
      Rockford, MN4,481991.0%
      Robbinsdale, MN14,3931000.3%
      Watertown, MN4,4731011.1%
      Spring Park, MN2,13613332.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Plainfield Village, CT2,1361043.8%
      Coventry Lake, CT2,13511413.8%
      Bangor, MI2,1358118.7%
      Navassa, NC2,135936.8%
      Carlton, OR2,13512222.2%
      Spring Park, MN2,13613332.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2024