Martin 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.
IndexMartin LakeMinnesotaNational
Cost of living index103102100
IndexMartin LakeMinnesotaNational
Goods & Services index107105100
Groceries index105106100
Health care index106113100
Housing index100100100
Transportation index105103100
Utilities index9089100

Did you know?

  • The cost of living in Martin Lake is equal to the Minnesota average.
  • The cost of living in Martin Lake is 3% higher than the national average.
  • The cost of housing in Martin 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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Compare Martin Lake, MN Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$83,125$6,927$1,939$2,494
Renters$43,125$3,594$1,006$1,294

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax
Minnesota6.875%7.875%

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
Minnesota5.35%9.85%

Goods & Services

ItemMartin LakeNational avg.Difference
Haircut $22.35$16.0939.0%
Beauty Salon $35.96$37.333.7%
Toothpaste $3.33$2.4535.9%
Shampoo $1.07$1.006.9%
Movie $10.02$10.282.5%
Bowling $3.95$4.9319.8%

Groceries

ItemMartin LakeNational avg.Difference
Ground Beef $4.16$3.809.5%
Fried Chicken $1.97$1.4041.3%
Milk $2.22$2.0110.4%
Potatoes $3.33$3.0110.5%
Pizza $11.55$9.8916.8%
Beer $8.97$8.900.8%

Health Care

ItemMartin LakeNational avg.Difference
Optometrist $85.02$102.1616.8%
Doctor $135.93$108.3625.4%
Dentist $84.21$92.539.0%
Ibuprofen $11.98$9.2829.1%
Lipitor $423.18$425.820.6%

Housing

ItemMartin LakeNational avg.Difference
Home Price $174,400.00$184,700.005.6%
Avg. Mortgage Payment $1,261.54$1,202.444.9%
Apartment Rent $1,078.00$949.0013.6%

Transportation

ItemMartin LakeNational avg.Difference
Gasoline $2.23$2.240.5%
Tire Balancing $53.80$46.2916.2%

Utilities

ItemMartin LakeNational avg.Difference
All Electricity$153.14$165.967.7%
Phone $24.99$28.6812.9%
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, StatePopulationCost of Living IndexNational Avg.
Harris, MN1,02096-4%
Isanti, MN5,45397-3%
Cambridge, MN8,38397-3%
Stacy, MN1,61597-3%
Lindstrom, MN4,40699-1%
Martin Lake, MN8831033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Friedensburg, PA8831000%
Avella, PA88389-11%
Annabella, UT88392-8%
Clarkfield, MN88285-15%
Coolidge, TX88277-23%
Martin Lake, MN8831033%
Source: The Martin Lake, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.