Cost of Living: Norton Shores, MI vs Prior Lake, MN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Norton Shores, MI versus $4,119/mo in Prior Lake, MN. In the model, rent is about 18.74% of gross in Norton Shores, MI versus 22.56% in Prior Lake, MN, so Norton Shores, MI tends to feel more affordable for rent.

Take-home in Norton Shores, MI
$4,268/mo
Income level: near
Take-home in Prior Lake, MN
$4,119/mo
Income level: below
Rent share (1BR) in Norton Shores, MI
18.74%
COLI tier: mid-range
Rent share (1BR) in Prior Lake, MN
22.56%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Norton Shores, MI and Prior Lake, MN.

At a glance

  • Cheaper overall (lower cost-of-living index): Prior Lake, MN
  • Lower rent (median 1BR/2BR): Norton Shores, MI
  • Lower home prices: Norton Shores, MI
  • Higher median household income: Prior Lake, MN

Cost of Living Index

Norton Shores, MI: 100 (U.S. = 100) · Prior Lake, MN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Norton Shores, MI: $1,222/mo (midpoint of 1BR/2BR) · Prior Lake, MN: $1,471/mo

Median rent in Prior Lake, MN is $249/mo higher than in Norton Shores, MI.

Median Home Price

Norton Shores, MI: $214,000 · Prior Lake, MN: $429,900

Median home price in Prior Lake, MN is $215,900 higher than in Norton Shores, MI.

Median Household Income

Norton Shores, MI: $73,390 · Prior Lake, MN: $130,278

Prior Lake, MN has a higher median household income than Norton Shores, MI by $56,888.

Norton Shores, MI overview · Prior Lake, MN overview · Popular comparisons