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Hanska, MN vs Lake Shore, MN

78
Hanska
Minnesota
VS
-27.2%
107
Lake Shore
Minnesota

There is a significant gap in the cost of living between these two cities. Hanska is 27.2% cheaper than Lake Shore. With a cost index of 78 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hanska to Lake Shore should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Hanska are $88,300 compared to $532,500 in Lake Shore, a 83% gap.

Median household income in Hanska is $63,750 compared to $96,923 in Lake Shore (-34.2%). While Lake Shore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Hanska is notably warmer with an average of 45.4°F compared to 42.2°F in Lake Shore. Hanska receives more rainfall at 28" per year compared to 24.5" in Lake Shore.

Income & Cost

Cost of Living Index
Hanska
78
27% cheaper
Lake Shore
107
Median Household Income
Hanska
$63,750
Lake Shore
$96,923
34% higher

Housing

Median Rent
Hanska
Lake Shore
$982
Median Home Value
Hanska
$88,300
83% cheaper
Lake Shore
$532,500
Population
Hanska
391
Lake Shore
1,117

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hanska 45.4°F
Lake Shore 42.2°F
Summer High
Hanska 84°F
Lake Shore 82°F
Winter Low
Hanska 6°F
Lake Shore -0°F
Rainfall
Hanska 28"
Lake Shore 24.5"
Rainy Days
Hanska 96d
Lake Shore 100d