Howard Lake, MN, has a lower overall cost of living compared to the nationwide average of 100. Housing costs 15% less, while groceries and healthcare slightly exceed the national average. Utilities, transportation, and miscellaneous expenses are also marginally below the national average, making Howard Lake an affordable option for job seekers.
Howard Lake, MN, offers a cost of living that varies from the nationwide average in several key areas. Housing in Howard Lake stands at an index of 85, meaning it is 15% cheaper than the national average. This reduction in housing costs can make it easier for residents to find affordable living situations. Groceries, another essential expense, have an index of 95 in Howard Lake, which is 5% less than the national average. This slight decrease can help with food-related budgets, offering some savings.
Utilities in Howard Lake are priced at an index of 90, showing a 10% lower cost compared to the nationwide average. This reduction can lead to savings on household energy and water bills. Transportation in the area has an index of 92, which is 8% below the national average, potentially lowering commuting costs. Healthcare costs are slightly higher in Howard Lake, with an index of 98, indicating a 2% increase. Miscellaneous expenses also show a minor reduction, with an index of 88, which is 12% less than the national average. These factors combined make Howard Lake a potentially attractive option for those looking to balance cost of living with quality of life.