Lakeville, Minnesota vs. Minneapolis, Minnesota

Cost of Living Comparison

The cost of living in Minneapolis, Minnesota is 7.2% cheaper than Lakeville, Minnesota.

You would need a salary of $46,419 in Minneapolis, Minnesota to maintain the standard of living you have in Lakeville, Minnesota.
Comparison highlights
• Overall, Minneapolis, Minnesota is cheaper than Lakeville, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% cheaper in Minneapolis
than in Lakeville, Minnesota
Lakeville, MN vs. Minneapolis, MN
Compared to Lakeville, Minneapolis is:
  Homeowner
      No Child Care, Taxes not Considered
  7.2% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.1% lower
  Housing (Homeowner)
  22.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.2% higher
  Commute
  0.2% higher
  Health
  1.5% higher
  Taxes
  Childcare
  Personal
  0.5% higher