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Dawson, MN vs Medicine Lake, MN

62
Dawson
Minnesota
VS
-58.8%
151
Medicine Lake
Minnesota

The cost of living difference between Dawson, MN and Medicine Lake, MN is dramatic. Dawson is 58.8% cheaper than Medicine Lake, a gap that translates to thousands of dollars per year in household expenses. Dawson has a cost index of 62 while Medicine Lake sits at 151, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Dawson is $618/month compared to $1,025/month in Medicine Lake — a 40% difference. Home values follow the same pattern: Dawson is more affordable at $118,800 median vs $1,014,500.

Median household income in Dawson is $70,286 compared to $161,250 in Medicine Lake (-56.4%). The higher salaries in Medicine Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Dawson spend roughly 10.6% of their income on rent, more than the 7.6% in Medicine Lake.

Income & Cost

Cost of Living Index
Dawson
62
59% cheaper
Medicine Lake
151
Median Household Income
Dawson
$70,286
Medicine Lake
$161,250
56% higher

Housing

Median Rent
Dawson
$618
40% cheaper
Medicine Lake
$1,025
Median Home Value
Dawson
$118,800
88% cheaper
Medicine Lake
$1,014,500
Population
Dawson
1,441
Medicine Lake
541

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dawson
Medicine Lake $3.20
US $3.07
🥚
Eggs (grade A, large)
Dawson
Medicine Lake $2.61
US $2.50
🥛
Milk (whole)
Dawson
Medicine Lake $4.21
US $4.03
🍞
Bread (white)
Dawson
Medicine Lake $1.93
US $1.85
🍗
Chicken breast
Dawson
Medicine Lake $4.33
US $4.14
Electricity
Dawson
Medicine Lake $0.17
US $0.19