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Cost of Living in Lakeville, MN

Population: 72,480 | Minnesota

124
Cost of Living Index
US Average = 100

Lakeville is 24% more expensive than the national average.

131
Housing
139
Home Values
104
Regional Price

Income

Median Household Income
$138,119
vs US Median ($75,149)
+84%

Housing

Median Rent
$1,727/mo
Median Home Value
$425,200
Median Monthly Housing Cost
$1,977/mo

Everyday Prices in Lakeville

BLS Average Prices for the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) area

$3.20
Gasoline (regular)
per gallon
+5% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+5% vs US
🥛
$4.21
Milk (whole)
per gallon
+5% vs US
🍞
$1.93
Bread (white)
per lb
+5% vs US
🍗
$4.33
Chicken breast
per lb
+5% vs US
$0.17
Electricity
per kWh
-10% vs US

Climate in Lakeville

NOAA 30-year normals (1991-2020)

46.9°F
Avg Temperature
31.6"
Rainfall / Year
119d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 24 29 42 57 69 79 83 81 73 58 42 29
Avg °F 16 21 33 47 60 70 74 72 64 50 35 22
Low °F 9 13 25 38 50 60 65 63 54 41 28 15
Rain" 0.9 0.9 1.7 2.9 3.9 4.6 4.1 4.3 3.0 2.6 1.6 1.2

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