Detroit Lakes 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.
IndexDetroit LakesMinnesotaNational
Cost of living index95104100
IndexDetroit LakesMinnesotaNational
Goods & Services index100109100
Groceries index108106100
Health care index115110100
Housing index84100100
Transportation index99100100
Utilities index8798100
Here we can see a simple outline of the cost of living in Detroit Lakes, MN. As you can see, with the average cost of living in Detroit Lakes, MN being 95, that puts it 8% lower than the average of Minnesota and 5% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Detroit Lakes, MN, the price of goods and services are 8% lower than the average of Minnesota as well as equal to the nation's average.
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Did you know?

  • The cost of living in Detroit Lakes is 8% lower than the Minnesota average.
  • The cost of living in Detroit Lakes is 5% lower than the national average.
  • The cost of housing in Detroit Lakes is 16% lower 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.

Compare Detroit Lakes, MN Cost of living To Other Cities


      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
      The salary calculator allows you to compare how much your current salary in Detroit Lakes, MN would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Detroit Lakes, MN, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Detroit Lakes, MN salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Detroit Lakes, MN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Detroit Lakes, MN, the median monthly income is $58,390 for those who own their own homes. Under the standard rule, that income level would allow for $1,362 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,822, per the median income in the area. That would allow for renters to spend up to $626 on monthly rental expenses.

      Minnesota Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Minnesota Income Tax

      StateIncome Tax (Low)Income Tax (High)
      When considering the overall cost of living expenses in Detroit Lakes, 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

      ItemDetroit LakesNational avg.Difference
      Haircut $18.03$17.493.1%
      Beauty Salon $34.13$38.1710.6%
      Toothpaste $2.36$2.321.7%
      Shampoo $1.26$1.0124.2%
      Movie $11.00$10.722.6%
      Bowling $4.03$13.8670.9%


      ItemDetroit LakesNational avg.Difference
      Ground Beef $3.40$3.9012.7%
      Fried Chicken $1.84$1.4032.1%
      Milk $2.96$1.9651.0%
      Potatoes $2.73$3.1814.1%
      Pizza $8.77$10.3915.7%
      Beer $9.04$9.232.1%

      Health Care

      ItemDetroit LakesNational avg.Difference
      Optometrist $93.17$106.3412.4%
      Doctor $157.22$115.2536.4%
      Dentist $95.33$98.383.1%
      Ibuprofen $10.28$9.2611.0%
      Lipitor $428.78$466.478.1%


      ItemDetroit LakesNational avg.Difference
      Home Price $162,000.00$184,700.0012.3%
      Avg. Mortgage Payment $1,232.19$1,273.323.2%
      Apartment Rent $715.00$949.0024.7%


      ItemDetroit LakesNational avg.Difference
      Gasoline $2.11$2.5918.5%
      Tire Balancing $50.47$48.903.2%


      ItemDetroit LakesNational avg.Difference
      All Electricity$142.52$167.6015.0%
      Phone $25.30$163.4284.5%
      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.
      Callaway, MN21085-15%
      Frazee, MN1,27087-13%
      Lake Park, MN74088-12%
      Audubon, MN56789-11%
      Vergas, MN35091-9%
      Detroit Lakes, MN9,06095-5%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      La Plata, MD9,05912323%
      Alcoa, TN9,05882-18%
      Sheffield Lake, OH9,05592-8%
      Sheffield, AL9,06781-19%
      Newark, NY9,06888-12%
      Detroit Lakes, MN9,06095-5%
      Source: The Detroit Lakes, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.