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Lake Benton, MN vs Warroad, MN

58
Lake Benton
Minnesota
VS
-22.8%
75
Warroad
Minnesota

There is a significant gap in the cost of living between these two cities. Lake Benton is 22.8% cheaper than Warroad. With a cost index of 58 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Benton to Warroad should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Benton is $550/month compared to $833/month in Warroad — a 34% difference. Home values follow the same pattern: Lake Benton is more affordable at $91,900 median vs $195,000.

Median household income in Lake Benton is $52,000 compared to $50,685 in Warroad (+2.6%). Lake Benton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Benton spend roughly 12.7% of their income on rent, less than the 19.7% in Warroad.

Climate-wise, Lake Benton is notably warmer with an average of 45.1°F compared to 38.4°F in Warroad. Lake Benton receives more rainfall at 29.6" per year compared to 23.2" in Warroad.

Income & Cost

Cost of Living Index
Lake Benton
58
23% cheaper
Warroad
75
Median Household Income
Lake Benton
$52,000
3% higher
Warroad
$50,685

Housing

Median Rent
Lake Benton
$550
34% cheaper
Warroad
$833
Median Home Value
Lake Benton
$91,900
53% cheaper
Warroad
$195,000
Population
Lake Benton
698
Warroad
2,067

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lake Benton 45.1°F
Warroad 38.4°F
Summer High
Lake Benton 83°F
Warroad 78°F
Winter Low
Lake Benton 6°F
Warroad -4°F
Rainfall
Lake Benton 29.6"
Warroad 23.2"
Rainy Days
Lake Benton 108d
Warroad 117d