Lake Benton, MN vs Stacy, MN
There is a significant gap in the cost of living between these two cities. Lake Benton is 28.8% cheaper than Stacy. With a cost index of 58 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Benton to Stacy should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lake Benton is $550/month compared to $871/month in Stacy — a 37% difference. Home values follow the same pattern: Lake Benton is more affordable at $91,900 median vs $222,800.
Median household income in Lake Benton is $52,000 compared to $76,875 in Stacy (-32.4%). While Stacy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Benton spend roughly 12.7% of their income on rent, less than the 13.6% in Stacy.
Climate-wise, both cities share similar average temperatures (45.1°F vs 45.8°F). Stacy receives more rainfall at 30.7" per year compared to 29.6" in Lake Benton.
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