Prior Lake, MN, shows a cost of living index higher than the nationwide average in several categories. Housing costs are 11% above the national average, making it the highest expense. Groceries and utilities are slightly below the average, with a difference of 2% and 5%, respectively.
Despite the higher housing costs, the overall cost of living remains competitive. With miscellaneous costs at 99 and healthcare at 102, Prior Lake offers a balanced living experience. Job seekers can find both affordability and quality of life in this area.
The cost of living in Prior Lake, Minnesota, shows a mixed picture when compared to the nationwide average. Housing costs in Prior Lake stand at 111, which is 11% higher than the average. This suggests that job seekers should expect to spend more on housing here than in many other places. However, groceries are relatively affordable, with an index of 98, meaning they cost 2% less than the national average.
Other expenses in Prior Lake also vary. Utilities cost slightly less, with an index of 95, which is 5% below the national average. Transportation costs are nearly on par, with an index of 103, meaning they are 3% higher. Healthcare costs at 102 are also slightly above the average, at 2% higher. Miscellaneous expenses in Prior Lake have an index of 99, indicating they are almost at the national average. Overall, while housing is more expensive, other costs remain close to or below the national average, offering some relief for residents.
