The Lakes, MN vs Twin Lakes, MN

Twin Lakes is moderately more affordable than The Lakes, with a 14.6% lower cost of living index. The Lakes scores 106 compared to 92 for Twin Lakes, where the US average is 100. This difference means residents of The Lakes can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in The Lakes are $391,900 compared to $227,500 in Twin Lakes, a 72% gap.

Median household income in The Lakes is $88,929 compared to $63,125 in Twin Lakes (+40.9%). While The Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, The Lakes is notably warmer with an average of 45.4°F compared to 40.4°F in Twin Lakes. The Lakes receives more rainfall at 28" per year compared to 23.9" in Twin Lakes.