White Bear Lake, MN Cost Of Living

White Bear 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.
Index	White Bear Lake	Minnesota	National
Cost of living index	104	102	100
Index	White Bear Lake	Minnesota	National
Goods & Services index	107	105	100
Groceries index	105	106	100
Health care index	106	113	100
Housing index	104	100	100
Transportation index	105	103	100
Utilities index	90	89	100

Displayed above is a general overview of the White Bear Lake, MN cost of living index. The overall cost of living index in White Bear Lake, MN is 104, which is 1% higher than the Minnesota average and 4% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in White Bear Lake, MN are 2% higher than the Minnesota average and 7% higher than the national average.

Did you know?

The cost of living in White Bear Lake is 1% higher than the Minnesota average.
The cost of living in White Bear Lake is 4% higher than the national average.
The cost of housing in White Bear Lake is 4% higher than 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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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Using the salary calculator lets you compare the salary you earn in White Bear Lake, MN to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in White Bear Lake, MN, you have to earn a higher income in order to still have the same standard of living. To operate the White Bear Lake, MN salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$77,054	$6,421	$1,798	$2,312
Renters	$37,461	$3,122	$874	$1,124

One can approximate the cost of living and the housing affordability in White Bear Lake, MN by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in White Bear Lake, MN have a median income of $77,054. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,798 per month to avoid calamity and poverty. The renters in the city have an income of about $37,461, which would make their monthly maximum allowable rental costs $874.

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%

When considering the overall cost of living expenses in White Bear Lake, MN, it's important to take into account the sales tax for Minnesota, as well as the rate for income tax in Minnesota. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Minnesota is 7.875%, and the sales tax in the state of Minnesota is 6.875%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Minnesota starts from 5.35% and goes up to 9.85%.

Goods & Services

Item	White Bear Lake	National avg.	Difference
Haircut	$22.35	$16.09	39.0%
Beauty Salon	$35.96	$37.33	3.7%
Toothpaste	$3.33	$2.45	35.9%
Shampoo	$1.07	$1.00	6.9%
Movie	$10.02	$10.28	2.5%
Bowling	$3.95	$4.93	19.8%

Groceries

Item	White Bear Lake	National avg.	Difference
Ground Beef	$4.16	$3.80	9.5%
Fried Chicken	$1.97	$1.40	41.3%
Milk	$2.22	$2.01	10.4%
Potatoes	$3.33	$3.01	10.5%
Pizza	$11.55	$9.89	16.8%
Beer	$8.97	$8.90	0.8%

Health Care

Item	White Bear Lake	National avg.	Difference
Optometrist	$85.02	$102.16	16.8%
Doctor	$135.93	$108.36	25.4%
Dentist	$84.21	$92.53	9.0%
Ibuprofen	$11.98	$9.28	29.1%
Lipitor	$423.18	$425.82	0.6%

Housing

Item	White Bear Lake	National avg.	Difference
Home Price	$192,800.00	$184,700.00	4.4%
Avg. Mortgage Payment	$1,261.54	$1,202.44	4.9%
Apartment Rent	$974.00	$949.00	2.6%

Transportation

Item	White Bear Lake	National avg.	Difference
Gasoline	$2.23	$2.24	0.5%
Tire Balancing	$53.80	$46.29	16.2%

Utilities

Item	White Bear Lake	National avg.	Difference
All Electricity	$153.14	$165.96	7.7%
Phone	$24.99	$28.68	12.9%

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, State	Population	Cost of Living Index	National Avg.
Landfall, MN	793	75	-25%
South End, MN	26	78	-22%
Hilltop, MN	799	81	-19%
St. Anthony city (Stearns County), MN	106	86	-14%
Brooklyn Center, MN	30,785	98	-2%
White Bear Lake, MN	24,992	104	4%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Prior Lake, MN	24,997	116	16%
Hastings, NE	24,983	83	-17%
Colleyville, TX	24,982	137	37%
Paducah, KY	25,010	88	-12%
Hercules, CA	25,011	150	50%
White Bear Lake, MN	24,992	104	4%

Source: The White Bear Lake, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

White Bear Lake, MN Cost of Living