Lakeland, FL vs Minneapolis, MN
Cost of Living Comparison
Lakeland, FL is more affordable by 7.7 index points
Side-by-Side Comparison
| Category | Lakeland, FL | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 97.1 | 104.8 | -7.7 |
| Housing | 95.9 | 111.8 | -15.9 |
| Goods | 96.2 | 103.1 | -6.8 |
| Utilities | 86.9 | 93.5 | -6.6 |
| Other Services | 98.9 | 104.4 | -5.6 |
Income & Housing Comparison
| Metric | Lakeland, FL | Minneapolis, MN |
|---|---|---|
| Median Household Income | $60,901 | $94,673 |
| Median Home Value | $215,700 | $334,200 |
| Median Monthly Rent | $1,192 | $1,324 |
| Per Capita Income | $30,262 | $49,334 |
Frequently Asked Questions
Is Lakeland, FL or Minneapolis, MN cheaper to live in?
Lakeland, FL is more affordable. The cost of living difference is 7.7 index points (Lakeland, FL: 97.1, Minneapolis, MN: 104.8).
Where is housing cheaper, Lakeland, FL or Minneapolis, MN?
Housing is more affordable in Lakeland, FL. Housing index: Lakeland, FL (95.9) vs Minneapolis, MN (111.8).