Lester Prairie, MN vs Montevideo, MN

Montevideo is moderately more affordable than Lester Prairie, with a 5.1% lower cost of living index. Lester Prairie scores 74 compared to 70 for Montevideo, where the US average is 100. This difference means residents of Lester Prairie can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lester Prairie is $735/month compared to $832/month in Montevideo — a 12% difference. Interestingly, home values tell a different story: while Lester Prairie has cheaper rent, Montevideo actually has lower median home values ($137,600 vs $217,000).

Median household income in Lester Prairie is $87,188 compared to $65,724 in Montevideo (+32.7%). While Lester Prairie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lester Prairie spend roughly 10.1% of their income on rent, less than the 15.2% in Montevideo.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Lester Prairie receives more rainfall at 30.6" per year compared to 28" in Montevideo.