Hampton, MN vs Lakeland, MN
There is a significant gap in the cost of living between these two cities. Hampton is 21.9% cheaper than Lakeland. With a cost index of 90 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hampton to Lakeland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hampton is $950/month compared to $1,644/month in Lakeland — a 42% difference. Home values follow the same pattern: Hampton is more affordable at $305,700 median vs $357,700.
Median household income in Hampton is $106,111 compared to $101,339 in Lakeland (+4.7%). Hampton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hampton spend roughly 10.7% of their income on rent, less than the 19.5% in Lakeland.
Climate-wise, both cities share similar average temperatures (46.9°F vs 46.5°F). Hampton receives more rainfall at 31.6" per year compared to 29.2" in Lakeland.
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