Brooklyn Center, MN vs Lakeville, MN

There is a significant gap in the cost of living between these two cities. Brooklyn Center is 20.2% cheaper than Lakeville. With a cost index of 99 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brooklyn Center to Lakeville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Brooklyn Center is $1,345/month compared to $1,727/month in Lakeville — a 22% difference. Home values follow the same pattern: Brooklyn Center is more affordable at $261,100 median vs $425,200.

Median household income in Brooklyn Center is $72,009 compared to $138,119 in Lakeville (-47.9%). While Lakeville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brooklyn Center spend roughly 22.4% of their income on rent, more than the 15% in Lakeville.