Wayzata, MN vs Long Lake, MN: Cost of Living

Which city costs less?

Long Lake, MN has a modeled overall cost index 1.9% lower than Wayzata, MN.

Wayzata, MN · modeled 2BR rent: $1,950 / month
Long Lake, MN · modeled 2BR rent: $2,190 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Wayzata, MN and Long Lake, MN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Wayzata, MN

Numbers update automatically as you type

Estimated savings: $123/month in Long Lake, MN

$150,000 in your current city has a modeled equivalent of $148,519 in Long Lake, MN

Regional cost estimates: Wayzata, MN uses Minneapolis, MN. Long Lake, MN uses Minneapolis, MN. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 1.9%

Less expensive

Monthly Impact

$123

Savings

Annual Impact

$1.5K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Wayzata, MN

Population:4K

Cost Index:

97.2

100 = national average

Typical Home:$966K

Long Lake, MN

Population:2K

Cost Index:

95.3

100 = national average

Typical Home:$768K

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Wayzata, MN

The North Star State

Population

State Tax

Yes

Located in Minnesota, this city has a population of 4K residents.

Long Lake, MN

The North Star State

Population

State Tax

Yes

Located in Minnesota, this city has a population of 2K residents.

Cost Breakdown by Category

Estimated monthly spending: Wayzata, MN vs Long Lake, MN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Wayzata, MN	Long Lake, MN	Difference	Change
Housing	$2,340/mo	$2,294/mo	↓ $45.22less	1.9%
Other	$1,644/mo	$1,612/mo	↓ $31.77less	1.9%
Transportation	$1,278/mo	$1,253/mo	↓ $24.70less	1.9%
Groceries	$1,005/mo	$995/mo	↓ $9.76less	1.0%
Healthcare	$738/mo	$731/mo	↓ $7.17less	1.0%
All Utilities	$496/mo	$491/mo	↓ $4.82less	1.0%

Housing

↓ 1.9%

Wayzata, MN

$2,340

Long Lake, MN

$2,294

Difference

$45.22

less

Other

↓ 1.9%

Wayzata, MN

$1,644

Long Lake, MN

$1,612

Difference

$31.77

less

Transportation

↓ 1.9%

Wayzata, MN

$1,278

Long Lake, MN

$1,253

Difference

$24.70

less

Groceries

↓ 1.0%

Wayzata, MN

$1,005

Long Lake, MN

$995

Difference

$9.76

less

Healthcare

↓ 1.0%

Wayzata, MN

$738

Long Lake, MN

$731

Difference

$7.17

less

All Utilities

↓ 1.0%

Wayzata, MN

$496

Long Lake, MN

$491

Difference

$4.82

less

🏠Rent Comparison

Studio

From$1,420

To$1,590

↑ $170

1 Bed

From$1,600

To$1,800

↑ $200

2 Bed

From$1,950

To$2,190

↑ $240

3 Bed

From$2,580

To$2,900

↑ $320

Wayzata, MNZIP-level data

1BR range: $1,600–$1,600/mo

Long Lake, MNZIP-level data

1BR range: $1,800–$1,800/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Wayzata, MN

$7,377

Monthly in Long Lake, MN

$123

Difference

Home Values

Wayzata

Long Lake

$966K

Median Value

$768K

↑ +4.7%

YoY Change

↑ +3.4%

↑ +37.3%

5-Year Change

↑ +35.6%

Homes in Long Lake are 21% less expensive than Wayzata

Calculate payment - Wayzata Calculate payment - Long Lake

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Wayzata, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

Long Lake, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

Additional Tax Information

Wayzata, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

Long Lake, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Wayzata

Long Lake

42 Good

Air Quality

42 Good

66.4%

Good Air Days

66.4%

98 High

Climate Risk

98 High

🌊🌡🌪

Top Hazards

🌊🌡🌪

▲+3.6°F

2050 Outlook

▲+3.6°F

14 days

Heat Days >95°F

14 days

▲+3.6°F

2050 Outlook

▲+3.6°F

14 days

Heat Days >95°F

14 days

Before moving from Wayzata, MN to Long Lake, MN

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Long Lake, MN for the same bedroom count and included utilities as your home in Wayzata, MN. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Wayzata to Long Lake moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Long Lake, MN by cost, housing, population and region.

Frequently Asked Questions: Wayzata, MN vs Long Lake, MN

How do the cost estimates for Wayzata, MN and Long Lake, MN compare?

Long Lake, MN has a modeled overall cost index 1.9% lower than Wayzata, MN. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Wayzata, MN, the model estimates $148,519 in Long Lake, MN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Wayzata, MN and Long Lake, MN?

The modeled two-bedroom rents are $1,950/month in Wayzata, MN and $2,190/month in Long Lake, MN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.