Lino Lakes, MN vs Minnetonka, MN

Lino Lakes, MN and Minnetonka, MN have a very similar cost of living, with only a 4.9% difference in their overall index. Lino Lakes scores 121 while Minnetonka scores 127 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 Lino Lakes is $1,744/month compared to $1,758/month in Minnetonka — a 1% difference. Home values follow the same pattern: Lino Lakes is more affordable at $385,000 median vs $456,200.

Median household income in Lino Lakes is $121,800 compared to $120,496 in Minnetonka (+1.1%). Lino Lakes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lino Lakes spend roughly 17.2% of their income on rent, less than the 17.5% in Minnetonka.

Climate-wise, both cities share similar average temperatures (45.8°F vs 46.7°F). Lino Lakes receives more rainfall at 30.7" per year compared to 30.6" in Minnetonka.