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Cost of Living in Lakefield, MN

68.9
Very Affordable · National average is 100

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$58,977
Median Income
$829/mo
Median Rent
$112,500
Median Home
1,626
Population

Cost Breakdown

🏠Housing
73.6
0Nat'l Avg (100)200
🛒Groceries
70.6
0Nat'l Avg (100)200
🚗Transportation
67.2
0Nat'l Avg (100)200
🏥Healthcare
68.6
0Nat'l Avg (100)200
Utilities
69.4
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$647
est.
$730
est.
$829$1,061
est.
$1,210
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Lakefield with cities in the area