Crosby, MN vs Lanesboro, MN

Lanesboro is moderately more affordable than Crosby, with a 14.7% lower cost of living index. Crosby scores 73 compared to 64 for Lanesboro, where the US average is 100. This difference means residents of Crosby can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Crosby is $838/month compared to $532/month in Lanesboro — a 58% difference. Interestingly, home values tell a different story: while Lanesboro has cheaper rent, Crosby actually has lower median home values ($175,600 vs $186,900).

Median household income in Crosby is $43,250 compared to $80,000 in Lanesboro (-45.9%). Lanesboro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Crosby spend roughly 23.3% of their income on rent, more than the 8% in Lanesboro.