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Lanesboro, MN vs Staples, MN

64
Lanesboro
Minnesota
VS
-7.7%
69
Staples
Minnesota

Lanesboro is moderately more affordable than Staples, with a 7.7% lower cost of living index. Lanesboro scores 64 compared to 69 for Staples, where the US average is 100. This difference means residents of Staples can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lanesboro is $532/month compared to $856/month in Staples — a 38% difference. Interestingly, home values tell a different story: while Lanesboro has cheaper rent, Staples actually has lower median home values ($119,300 vs $186,900).

Median household income in Lanesboro is $80,000 compared to $51,506 in Staples (+55.3%). 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 19.9% in Staples.

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 24.5" in Staples.

Income & Cost

Cost of Living Index
Lanesboro
64
8% cheaper
Staples
69
Median Household Income
Lanesboro
$80,000
36% higher
Staples
$51,506

Housing

Median Rent
Lanesboro
$532
38% cheaper
Staples
$856
Median Home Value
Lanesboro
$186,900
Staples
$119,300
36% cheaper
Population
Lanesboro
804
Staples
2,359

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lanesboro 44.8°F
Staples 42.2°F
Summer High
Lanesboro 80°F
Staples 82°F
Winter Low
Lanesboro 7°F
Staples -0°F
Rainfall
Lanesboro 34.7"
Staples 24.5"
Rainy Days
Lanesboro 124d
Staples 100d