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Deer Creek, MN vs Lanesboro, MN

55
Deer Creek
Minnesota
VS
-13.3%
64
Lanesboro
Minnesota

Deer Creek is moderately more affordable than Lanesboro, with a 13.3% lower cost of living index. Deer Creek scores 55 compared to 64 for Lanesboro, where the US average is 100. This difference means residents of Lanesboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Deer Creek is $388/month compared to $532/month in Lanesboro — a 27% difference. Home values follow the same pattern: Deer Creek is more affordable at $123,100 median vs $186,900.

Median household income in Deer Creek is $55,000 compared to $80,000 in Lanesboro (-31.3%). While Lanesboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deer Creek spend roughly 8.5% of their income on rent, more than the 8% in Lanesboro.

Income & Cost

Cost of Living Index
Deer Creek
55
13% cheaper
Lanesboro
64
Median Household Income
Deer Creek
$55,000
Lanesboro
$80,000
31% higher

Housing

Median Rent
Deer Creek
$388
27% cheaper
Lanesboro
$532
Median Home Value
Deer Creek
$123,100
34% cheaper
Lanesboro
$186,900
Population
Deer Creek
273
Lanesboro
804

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Deer Creek
Lanesboro $2.97
US $3.07
🥚
Eggs (grade A, large)
Deer Creek
Lanesboro $2.43
US $2.50
🥛
Milk (whole)
Deer Creek
Lanesboro $3.91
US $4.03
🍞
Bread (white)
Deer Creek
Lanesboro $1.79
US $1.85
🍗
Chicken breast
Deer Creek
Lanesboro $4.02
US $4.14
Electricity
Deer Creek
Lanesboro $0.17
US $0.19