Cleveland, MN vs Lester Prairie, MN
Cleveland, MN and Lester Prairie, MN have a very similar cost of living, with only a 2.5% difference in their overall index. Cleveland scores 76 while Lester Prairie scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Cleveland is $735/month compared to $735/month in Lester Prairie — a 0% difference. Interestingly, home values tell a different story: while Lester Prairie has cheaper rent, Cleveland actually has lower median home values ($204,200 vs $217,000).
Median household income in Cleveland is $83,281 compared to $87,188 in Lester Prairie (-4.5%). Lester Prairie offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cleveland spend roughly 10.6% of their income on rent, more than the 10.1% in Lester Prairie.
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