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Lanesboro, MN vs Riverland, MN

64
Lanesboro
Minnesota
VS
-11.7%
72
Riverland
Minnesota

Lanesboro is moderately more affordable than Riverland, with a 11.7% lower cost of living index. Lanesboro scores 64 compared to 72 for Riverland, where the US average is 100. This difference means residents of Riverland can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Lanesboro has a median rent of $532/month while Riverland comes in at $456/month, a 17% difference.

Median household income in Lanesboro is $80,000 compared to $35,313 in Riverland (+126.5%). Lanesboro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lanesboro spend roughly 8% of their income on rent, less than the 15.5% in Riverland.

Climate-wise, both cities share similar average temperatures (44.8°F vs 42.2°F). Lanesboro receives more rainfall at 34.7" per year compared to 24" in Riverland.

Income & Cost

Cost of Living Index
Lanesboro
64
12% cheaper
Riverland
72
Median Household Income
Lanesboro
$80,000
56% higher
Riverland
$35,313

Housing

Median Rent
Lanesboro
$532
Riverland
$456
14% cheaper
Median Home Value
Lanesboro
$186,900
Riverland
Population
Lanesboro
804
Riverland
273

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lanesboro $2.97
Riverland
US $3.07
🥚
Eggs (grade A, large)
Lanesboro $2.43
Riverland
US $2.50
🥛
Milk (whole)
Lanesboro $3.91
Riverland
US $4.03
🍞
Bread (white)
Lanesboro $1.79
Riverland
US $1.85
🍗
Chicken breast
Lanesboro $4.02
Riverland
US $4.14
Electricity
Lanesboro $0.17
Riverland
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lanesboro 44.8°F
Riverland 42.2°F
Summer High
Lanesboro 80°F
Riverland 82°F
Winter Low
Lanesboro 7°F
Riverland 0°F
Rainfall
Lanesboro 34.7"
Riverland 24"
Rainy Days
Lanesboro 124d
Riverland 109d