Lilydale, MN vs Pequot Lakes, MN

The cost of living difference between Lilydale, MN and Pequot Lakes, MN is dramatic. Pequot Lakes is 79.8% cheaper than Lilydale, a gap that translates to thousands of dollars per year in household expenses. Lilydale has a cost index of 140 while Pequot Lakes sits at 78, 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 Lilydale is $2,359/month compared to $792/month in Pequot Lakes — a 198% difference. Home values follow the same pattern: Pequot Lakes is more affordable at $246,400 median vs $389,300.

Median household income in Lilydale is $93,393 compared to $66,974 in Pequot Lakes (+39.4%). Lilydale does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lilydale spend roughly 30.3% of their income on rent, more than the 14.2% in Pequot Lakes. The Pequot Lakes ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Lilydale is notably warmer with an average of 46.5°F compared to 42.2°F in Pequot Lakes. Lilydale receives more rainfall at 29.2" per year compared to 24.5" in Pequot Lakes.