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Cost & Benefits

Lakefield vs Minneapolis

Simple answer

You'd likely save $601 a month in Lakefield.

Typical rent is $1,371 in Minneapolis and $770 in Lakefield. This is the Census typical rent, not a promise about your lease.

Lakefield

Minnesota

Typical rent
$770
Typical pay
$71,648 a year
2-bedroom fair rent
$1,014
Price index
98.6 (state)

Minneapolis

Minnesota

Typical rent
$1,371
Typical pay
$80,846 a year
2-bedroom fair rent
$1,734
Price index
104.8 (metro)

Benefits after a move

Lakefield and Minneapolis are in the same state, so the benefit rules do not change when you move between them.