Cost of Living
per year
per month
How Lakeville's prices compare to the US city average across major spending categories.
Index: 100 = US city average. Values >100 mean more expensive, <100 means cheaper.
How far does your salary go in Lakeville?
Your $100,000 in Lakeville has the same purchasing power as $93,145 in the average US city. You'd need $6,855 more here to maintain that standard of living.
Demographics and workforce data from the US Census ACS 5-Year.
bachelor's or higher
Climate, safety, and walkability indicators.
See a side-by-side breakdown of cost of living, housing, and salaries.
Popular comparisons
Sorted by affordability — most affordable first.
Within 10 points of Lakeville's cost index of 107, sorted by closest match.
Lakeville, Minnesota has a cost-of-living index of 107, which is 7% above the national average. The typical renter pays $1,623 per month. The median household earns $129,069 per year.
To match the lifestyle of a $70,000 earner in the average US city, you'd need about $75,152 per year in Lakeville. Single renters typically want at least three times the $19,476 threshold to cover housing comfortably.
Lakeville is near the US city average. Overall prices are 7% above the national average.