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Carlton, MN vs Lake Crystal, MN

75
Carlton
Minnesota
VS
+13.6%
66
Lake Crystal
Minnesota

Lake Crystal is moderately more affordable than Carlton, with a 13.6% lower cost of living index. Carlton scores 75 compared to 66 for Lake Crystal, where the US average is 100. This difference means residents of Carlton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carlton is $914/month compared to $644/month in Lake Crystal — a 42% difference. Home values follow the same pattern: Lake Crystal is more affordable at $193,800 median vs $205,300.

Median household income in Carlton is $61,944 compared to $77,979 in Lake Crystal (-20.6%). Lake Crystal offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carlton spend roughly 17.7% of their income on rent, more than the 9.9% in Lake Crystal.

Income & Cost

Cost of Living Index
Carlton
75
Lake Crystal
66
12% cheaper
Median Household Income
Carlton
$61,944
Lake Crystal
$77,979
21% higher

Housing

Median Rent
Carlton
$914
Lake Crystal
$644
30% cheaper
Median Home Value
Carlton
$205,300
Lake Crystal
$193,800
6% cheaper
Population
Carlton
891
Lake Crystal
2,530

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carlton $2.97
Lake Crystal $2.97
US $3.07
🥚
Eggs (grade A, large)
Carlton $2.42
Lake Crystal $2.43
US $2.50
🥛
Milk (whole)
Carlton $3.90
Lake Crystal $3.91
US $4.03
🍞
Bread (white)
Carlton $1.79
Lake Crystal $1.79
US $1.85
🍗
Chicken breast
Carlton $4.01
Lake Crystal $4.02
US $4.14
Electricity
Carlton $0.17
Lake Crystal $0.17
US $0.19