Cost Of Living in Twin Lakes city, MN

Get 300+ Local Insights for Any Address in Twin Lakes city, MN

Get Access to 300+ Local Data Points

A+

19%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

65%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Twin Lakes city	Minnesota	National
Cost of living	81	100	100
Groceries	102	100	100
Health care	98	100	100
Housing	35	100	100
Transportation	101	100	100
Utilities	103	104	100
Lifestyle & Entertainment	100	100	100
Household Items	102	100	100
Education & Childcare	98	99	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Twin Lakes city is 19% lower than the Minnesota average
The cost of living in Twin Lakes city is 19% lower than the national average
Twin Lakes city housing is 65% lower than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% higher than the national average

Most Affordable Places to Live in and Around Twin Lakes city

See all the best places to live around Twin Lakes city

Compare Twin Lakes city, MN Cost of Living

Write a review to give others more information about this area.

See all Twin Lakes city poll results

The best places in Minnesota

Here are the best places to live in Minnesota

Most Dangerous States In The US

Check out the 10 safest cities in Minnesota

These are the largest cities in Minnesota

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$58,016	$4,835	$1,354	$1,741
Renters	$49,173	$4,098	$1,147	$1,475

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
West Roy Lake, MN	39	101	0.7%
The Ranch, MN	3	101	0.7%
White Earth, MN	490	81	19.1%
Rice Lake CDP, MN	361	82	18.1%
Naytahwaush, MN	490	82	17.7%
Twin Lakes city, MN	173	81	19.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Santa Claus, GA	173	86	14.4%
Webster, IA	173	78	22.0%
Concord, IL	173	86	13.7%
Admire, KS	173	96	3.8%
Raywick, KY	173	86	13.7%
Twin Lakes city, MN	173	81	19.2%