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Cost of Living in Spring Park, MN

2025 Affordability Data & Housing Costs

125.0

Cost of Living Index (100 = US Average)

Very Expensive

Median Home Value

$598,400

Owner-occupied homes (2023 ACS)

Median Household Income

$46,860

Annual (2023 ACS)

Housing Costs

The median home value in Spring Park is $598,400, which is higher than the national average. The home price-to-income ratio is 12.8, indicating affordability challenges.

Income & Purchasing Power

The median household income in Spring Park is $46,860 annually.

Compare with Other Cities

View all cities in Minnesota

Frequently Asked Questions

What is the cost of living index in Spring Park, MN?

The COL index is 125.0, which is higher than the US average of 100.

What is the median home value in Spring Park?

The median home value is $598,400.

What is the median rent in Spring Park?

Data not available.

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