Deer River, MN vs Lexington, MN

The cost of living difference between Deer River, MN and Lexington, MN is dramatic. Deer River is 39.9% cheaper than Lexington, a gap that translates to thousands of dollars per year in household expenses. Deer River has a cost index of 62 while Lexington sits at 104, 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 Deer River is $680/month compared to $1,462/month in Lexington — a 54% difference. Home values follow the same pattern: Deer River is more affordable at $100,000 median vs $282,000.

Median household income in Deer River is $38,029 compared to $72,955 in Lexington (-47.9%). While Lexington 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 River spend roughly 21.5% of their income on rent, less than the 24% in Lexington.