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Kenyon, MN vs Lake City, MN

74
Kenyon
Minnesota
VS
-11.1%
83
Lake City
Minnesota

Kenyon is moderately more affordable than Lake City, with a 11.1% lower cost of living index. Kenyon scores 74 compared to 83 for Lake City, where the US average is 100. This difference means residents of Lake City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kenyon is $854/month compared to $1,022/month in Lake City — a 16% difference. Home values follow the same pattern: Kenyon is more affordable at $184,500 median vs $234,100.

Median household income in Kenyon is $74,643 compared to $76,125 in Lake City (-1.9%). Lake City does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Kenyon spend roughly 13.7% of their income on rent, less than the 16.1% in Lake City.

Climate-wise, both cities share similar average temperatures (44.8°F vs 44.8°F). Lake City receives more rainfall at 34.7" per year compared to 34.7" in Kenyon.

Income & Cost

Cost of Living Index
Kenyon
74
11% cheaper
Lake City
83
Median Household Income
Kenyon
$74,643
Lake City
$76,125
2% higher

Housing

Median Rent
Kenyon
$854
16% cheaper
Lake City
$1,022
Median Home Value
Kenyon
$184,500
21% cheaper
Lake City
$234,100
Population
Kenyon
1,811
Lake City
5,021

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Kenyon 44.8°F
Lake City 44.8°F
Summer High
Kenyon 80°F
Lake City 80°F
Winter Low
Kenyon 7°F
Lake City 7°F
Rainfall
Kenyon 34.7"
Lake City 34.7"
Rainy Days
Kenyon 124d
Lake City 124d