City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Lakeville | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,623/mo | 4.6% lower in A |
| Median home value | $461,500 | $395,900 | 16.6% higher in A |
| Median household income | $86,556 | $129,069 | 32.9% lower in A |
| Groceries index | 95.2 | 101.0 | 5.8% lower in A |
| Utilities index | 85.9 | 93.0 | 7.6% lower in A |
| Transportation index | 97.5 | 102.2 | 4.5% lower in A |
| Healthcare index | 95.8 | 102.8 | 6.8% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $101,465 in Lakeville to maintain your standard of living.
Climate, safety, and demographics side by side.
Austin, TX is about 1.4% cheaper overall than Lakeville, MN, based on our cost-of-living index. Housing costs are roughly 3% lower in Lakeville than in Austin. If you earn $80,000 in Austin, you'd need about $81,172 in Lakeville to keep the same standard of living.