Lakeville, MN vs Winona, MN

The cost of living difference between Lakeville, MN and Winona, MN is dramatic. Winona is 65.2% cheaper than Lakeville, a gap that translates to thousands of dollars per year in household expenses. Lakeville has a cost index of 124 while Winona sits at 75, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lakeville is $1,727/month compared to $839/month in Winona — a 106% difference. Home values follow the same pattern: Winona is more affordable at $193,500 median vs $425,200.

Median household income in Lakeville is $138,119 compared to $56,163 in Winona (+145.9%). While Lakeville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakeville spend roughly 15% of their income on rent, less than the 17.9% in Winona.

Climate-wise, both cities share similar average temperatures (46.9°F vs 48.8°F). Winona receives more rainfall at 35.2" per year compared to 31.6" in Lakeville.