Afton, MN vs Lake Shore, MN
There is a significant gap in the cost of living between these two cities. Lake Shore is 21.7% cheaper than Afton. With a cost index of 107 vs 130, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Shore to Afton should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Afton are $655,400 compared to $532,500 in Lake Shore, a 23% gap.
Median household income in Afton is $129,956 compared to $96,923 in Lake Shore (+34.1%). While Afton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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