Cost of living in Madison Lake, Minnesota
Simple answer
Typical rent is $596 a month.
Madison Lake is a city in Minnesota. That rent number includes utilities. A typical household earns $87,727 a year.
- People
- 1,322
- Census average, 2020–2024
- Typical rent
- $596
- Median gross rent, includes utilities
- Typical pay
- $87,727
- Median household income, yearly
- Typical home
- $303,100
- Median home value
- 2-bedroom fair rent
- $1,230
- Mankato, MN MSA
Madison Lake, Minnesota has about 1,322 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $303,100.
HUD's fair-market rent for a 2-bedroom in Blue Earth County is $1,230 a month. That is the county number, not an apartment listing in Madison Lake. It runs from October 2026 through September 2027.
In the Mankato, MN metro area, prices sit at 91.0 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 Madison Lake'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 Madison Lake'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, 325 have higher typical rent than Madison Lake.
Nearby places
- Eagle Lake
Typical rent $1,403
Compare with Madison Lake - Janesville
Typical rent $873
Compare with Madison Lake - Mankato
Typical rent $1,132
Compare with Madison Lake - St. Peter
Typical rent $961
Compare with Madison Lake - North Mankato
Typical rent $973
Compare with Madison Lake - Waterville
Typical rent $884
Compare with Madison Lake - Le Center
Typical rent $889
Compare with Madison Lake - Waseca
Typical rent $903
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.