Cost of living in Medicine Lake, MN

Medicine Lake is a Census city in Hennepin County, MN. ACS 2024 5-year population is 596. Median gross rent is $1,150 (ACS 2024 5-year, this place). Median home value is $1,083,300. Median household income is $183,750. Insurance is the NAIC state average; food is a USDA plan — no town indexes.