| Index | Lino Lakes | Minnesota | National |
| Cost of living | 117 | 100 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 98 | 100 | 100 |
| Housing | 160 | 100 | 100 |
| Transportation | 98 | 100 | 100 |
| Utilities | 108 | 104 | 100 |
| Lifestyle & Entertainment | 100 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 96 | 99 | 100 |
The cost of living in Lino Lakes affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Lino Lakes is 117, which is 17% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing costs are a major factor in the Lino Lakes cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 60.4% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is Lino Lakes an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Lino Lakes, the median home price is 66.2% higher than what most folks pay across the country, and monthly rent prices are 46.8% higher than the usual rates. Income levels in Lino Lakes come in at $160,699, which is 97.6% higher than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Lino Lakes, the utilities index stands at 7.7% higher than the national average.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Lino Lakes starts at 6.875% and the income tax rates start at 5.35%.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Lino Lakes, healthcare costs are 2.1% lower than the national average.
The cost of living estimates displayed for Lino Lakes are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $166,112 | $13,843 | $3,876 | $4,984 |
| Renters | $81,707 | $6,809 | $1,906 | $2,451 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Houlton, WI | 109 | 100 | 0.0% |
| Landfall, MN | 819 | 72 | 27.9% |
| Hilltop, MN | 1,045 | 80 | 20.0% |
| St. Anthony city (Stearns County), MN | 108 | 84 | 16.4% |
| Stacy, MN | 2,036 | 96 | 4.4% |
| Lino Lakes, MN | 22,340 | 117 | 17.5% |
| City | Population | Cost of Living Index | National Avg. |
| Klamath Falls, OR | 22,340 | 103 | 3.2% |
| Elkridge, MD | 22,335 | 135 | 35.3% |
| Darien, CT | 22,334 | 245 | 144.9% |
| Golden Valley, MN | 22,333 | 121 | 21.2% |
| Corinth, TX | 22,353 | 113 | 13.1% |
| Lino Lakes, MN | 22,340 | 117 | 17.5% |
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