Cost of Living in Prior Lake, MN
Overall index: 125 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 123 | +23% | $1,084 |
| Transportation | 95 | -5% | $3.50 |
| Food | 174 | +74% | $713 |
| Utilities | 112 | +12% | $221 |
| Healthcare | 112 | +12% | $160 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Prior Lake?
A single adult living comfortably in Prior Lake, MN needs approximately $43,750 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Prior Lake, MN?
The overall cost of living in Prior Lake, MN is 25% higher than the US national average (index: 125 where 100 = national average).
How much is rent in Prior Lake, MN?
Average rent for a 1-bedroom apartment in Prior Lake, MN is about $1,084/month.
Is Prior Lake, MN expensive to live in?
Yes, Prior Lake, MN is considered expensive (index above national average).
What salary do I need to live in Prior Lake, MN?
A single adult needs roughly $43,750/year to cover basic living costs in Prior Lake, MN.