Lake Wilson, MN vs St. Stephen, MN

There is a significant gap in the cost of living between these two cities. Lake Wilson is 21.8% cheaper than St. Stephen. With a cost index of 64 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Wilson to St. Stephen should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Wilson is $750/month compared to $1,025/month in St. Stephen — a 27% difference. Home values follow the same pattern: Lake Wilson is more affordable at $92,800 median vs $237,600.

Median household income in Lake Wilson is $59,375 compared to $94,875 in St. Stephen (-37.4%). While St. Stephen 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 Wilson spend roughly 15.2% of their income on rent, more than the 13% in St. Stephen.

Climate-wise, both cities share similar average temperatures (45.1°F vs 42.9°F). Lake Wilson receives more rainfall at 29.6" per year compared to 28.5" in St. Stephen.