Cost of Living in Big lake, MN

Housing

The housing market plays a significant role in determining the cost of living in Big lake, MN.

  • Housing Index: Data is updating
  • Median Home Price is: $348,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

When considering a move to Big lake, MN, it’s evident that the median home price of 348000 could be a compelling factor. However, with a housing index of 0.0, potential residents should investigate the reasons behind the stagnant rental market reflected by average rents for a 2BR apartment and house sitting at 0.0 and 0.0 respectively. Before making a decision, consider local job opportunities, schools, and the community amenities available, as these can significantly enhance living experience beyond just housing prices.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Big lake, MN.

  • Electricity Price: $16.38 USD (median by state)
  • Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
  • Other Utilities (water, garbage, etc.): Data is updating

Living in Big lake, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Big lake is a financially viable option for your relocation.