Lexington, MN vs Spring Lake Park, MN

Lexington, MN and Spring Lake Park, MN have a very similar cost of living, with only a 2.6% difference in their overall index. Lexington scores 104 while Spring Lake Park scores 101 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lexington is $1,462/month compared to $1,375/month in Spring Lake Park — a 6% difference. Home values follow the same pattern: Spring Lake Park is more affordable at $281,800 median vs $282,000.

Median household income in Lexington is $72,955 compared to $77,112 in Spring Lake Park (-5.4%). Spring Lake Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lexington spend roughly 24% of their income on rent, more than the 21.4% in Spring Lake Park.

Climate-wise, both cities share similar average temperatures (45.8°F vs 45.8°F). Spring Lake Park receives more rainfall at 30.7" per year compared to 30.7" in Lexington.