Lake City, MN (55041) is an area with a variety of rankings that make it an attractive place to live. According to bestplaces.net, this location has excellent rankings for housing affordability, cost of living and educational opportunities. The median home value in the area is $175,900, making it one of the most affordable areas in the state. Additionally, the cost of living in Lake City is 6% lower than the average for Minnesota. Educationally, this city ranks highly as well; it has a high graduation rate and nearly 90% of adults have earned at least a high school degree or higher. When considering lifestyle and amenities, Lake City fares well too; there are plenty of parks and restaurants to explore, along with annual festivals and events to enjoy year-round. With its great rankings in several areas, Lake City should be on any Minnesota resident's list when looking for a place to call home.
Best Places ranks thousands of places to live based on analysis, data and key statistics from the U.S. Census and our Best Places To Live Expert Insights.
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