Park Rapids, MN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Park Rapids stands at 91, which is 9% lower than the national average of 100. This makes Park Rapids an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Park Rapids, MN, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 85, which means it costs 15% less to live in Park Rapids compared to the national average. This lower housing cost can be a significant advantage for job seekers looking to maximize their budget.
In addition to housing, Park Rapids also provides savings in other areas. For example, groceries cost 95% of the national average, utilities are at 90%, and transportation costs are slightly lower at 92%. Healthcare costs are slightly higher, at 98%, but the overall cost of living remains attractive. The miscellaneous category, which includes items like clothing and entertainment, is at 88%, further contributing to the lower overall cost of living.