Madison Lake cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMadison LakeMinnesotaNational
Cost of living index101102100
IndexMadison LakeMinnesotaNational
Goods & Services index107106100
Groceries index99105100
Health care index115110100
Housing index100101100
Transportation index9398100
Utilities index8791100

Did you know?

  • The cost of living in Madison Lake is 1% lower than the Minnesota average.
  • The cost of living in Madison Lake is 1% higher than the national average.
  • The cost of housing in Madison Lake is equal to the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)

Goods & Services

ItemMadison LakeNational avg.Difference
Haircut $19.75$15.5626.9%
Beauty Salon $30.00$36.1116.9%
Toothpaste $2.92$2.4718.0%
Shampoo $0.99$0.962.9%
Movie $9.63$10.134.9%
Bowling $3.67$4.7422.6%


ItemMadison LakeNational avg.Difference
Ground Beef $3.97$3.980.4%
Fried Chicken $1.89$1.4134.3%
Milk $1.93$2.066.5%
Potatoes $2.57$2.9813.9%
Pizza $10.33$9.479.0%
Beer $8.23$8.796.4%

Health Care

ItemMadison LakeNational avg.Difference
Optometrist $76.50$101.0424.3%
Doctor $166.41$107.4454.9%
Dentist $99.00$90.429.5%
Ibuprofen $9.31$9.280.3%
Lipitor $390.15$426.508.5%


ItemMadison LakeNational avg.Difference
Home Price $186,600.00$175,700.006.2%
Avg. Mortgage Payment $791.36$1,133.2330.2%
Apartment Rent $798.00$920.0013.3%


ItemMadison LakeNational avg.Difference
Gasoline $1.89$1.995.1%
Tire Balancing $40.13$45.7612.3%


ItemMadison LakeNational avg.Difference
All Electricity$152.01$163.817.2%
Phone $22.99$28.3919.0%
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, StatePopulationCost of Living IndexNational Avg.
Kasota, MN83388-12%
Good Thunder, MN50989-11%
Kilkenny, MN29089-11%
Le Center, MN2,29291-9%
Janesville, MN2,68592-8%
Madison Lake, MN1,0391011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Baudette, MN1,03986-14%
Energy, IL1,03984-16%
Marlinton, WV1,03980-20%
Desert Shores, CA1,03991-9%
Clark, SD1,03982-18%
Madison Lake, MN1,0391011%
Source: The Madison Lake, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.