Audubon, MN vs Lake Shore, MN

There is a significant gap in the cost of living between these two cities. Audubon is 29.8% cheaper than Lake Shore. With a cost index of 75 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Audubon to Lake Shore should plan for substantially higher expenses across most categories.

On the housing front, median rent in Audubon is $914/month compared to $982/month in Lake Shore — a 7% difference. Home values follow the same pattern: Audubon is more affordable at $169,200 median vs $532,500.

Median household income in Audubon is $65,982 compared to $96,923 in Lake Shore (-31.9%). While Lake Shore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Audubon spend roughly 16.6% of their income on rent, more than the 12.2% in Lake Shore.