Cost of living in Lake Elmo, Minnesota
Simple answer
Typical rent is $2,407 a month.
Lake Elmo is a city in Minnesota. That rent number includes utilities. A typical household earns $153,669 a year.
- People
- 13,140
- Census average, 2020–2024
- Typical rent
- $2,407
- Median gross rent, includes utilities
- Typical pay
- $153,669
- Median household income, yearly
- Typical home
- $597,000
- Median home value
- 2-bedroom fair rent
- $1,734
- Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
Lake Elmo, Minnesota has about 13,140 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $597,000.
HUD's fair-market rent for a 2-bedroom in Washington County is $1,734 a month. That is the county number, not an apartment listing in Lake Elmo. It runs from October 2026 through September 2027.
In the Minneapolis-St. Paul-Bloomington, MN-WI metro area, prices sit at 104.8 when the U.S. average is 100. That is a 2024 BEA index.
Minnesota taxes wages. A typical combined sales tax is 8.1% as of January 1, 2026. That mix is statewide, not Lake Elmo's exact store tax.
In July 2026, a typical Minnesota home paid 17.45¢ per kilowatt-hour. That is a state average from EIA, not Lake Elmo's bill.
In 2025, all-grades gas in Minnesota averaged $3.02 a gallon. EIA prints this yearly price for only some states.
Among 338 places we list in Minnesota with a rent figure, 3 have higher typical rent than Lake Elmo.
Nearby places
- Oakdale
Typical rent $1,481
Compare with Lake Elmo - North St. Paul
Typical rent $1,352
Compare with Lake Elmo - Woodbury
Typical rent $1,908
Compare with Lake Elmo - Mahtomedi
Typical rent $1,694
Compare with Lake Elmo - Oak Park Heights
Typical rent $1,443
Compare with Lake Elmo - Stillwater
Typical rent $1,622
Compare with Lake Elmo - Maplewood
Typical rent $1,406
- Grant
Typical rent $2,195
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Minnesota
Bigger places in Minnesota
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.