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Lake Benton, MN vs Swanville, MN

58
Lake Benton
Minnesota
VS
-12.3%
66
Swanville
Minnesota

Lake Benton is moderately more affordable than Swanville, with a 12.3% lower cost of living index. Lake Benton scores 58 compared to 66 for Swanville, where the US average is 100. This difference means residents of Swanville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Benton is $550/month compared to $656/month in Swanville — a 16% difference. Home values follow the same pattern: Lake Benton is more affordable at $91,900 median vs $151,300.

Median household income in Lake Benton is $52,000 compared to $58,750 in Swanville (-11.5%). The higher salaries in Swanville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lake Benton spend roughly 12.7% of their income on rent, less than the 13.4% in Swanville.

Climate-wise, both cities share similar average temperatures (45.1°F vs 42.5°F). Lake Benton receives more rainfall at 29.6" per year compared to 24.1" in Swanville.

Income & Cost

Cost of Living Index
Lake Benton
58
12% cheaper
Swanville
66
Median Household Income
Lake Benton
$52,000
Swanville
$58,750
11% higher

Housing

Median Rent
Lake Benton
$550
16% cheaper
Swanville
$656
Median Home Value
Lake Benton
$91,900
39% cheaper
Swanville
$151,300
Population
Lake Benton
698
Swanville
241

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Benton 45.1°F
Swanville 42.5°F
Summer High
Lake Benton 83°F
Swanville 80°F
Winter Low
Lake Benton 6°F
Swanville 2°F
Rainfall
Lake Benton 29.6"
Swanville 24.1"
Rainy Days
Lake Benton 108d
Swanville 92d