Cost of Living: Lakeville, MN vs Los Angeles, CA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Lakeville, MN versus $3,974/mo in Los Angeles, CA. In the model, rent is about 25.17% of gross in Lakeville, MN versus 25.99% in Los Angeles, CA, so Lakeville, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lakeville, MN and Los Angeles, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Lakeville, MN
- Lower rent (median 1BR/2BR): Lakeville, MN
- Lower home prices: Lakeville, MN
- Higher median household income: Lakeville, MN
Cost of Living Index
Lakeville, MN: 100 (U.S. = 100) · Los Angeles, CA: 148.6 (U.S. = 100)
Lakeville, MN has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
Lakeville, MN: $1,641/mo (midpoint of 1BR/2BR) · Los Angeles, CA: $1,695/mo
Median rent in Los Angeles, CA is $54/mo higher than in Lakeville, MN.
Median Home Price
Lakeville, MN: $425,200 · Los Angeles, CA: $657,700
Median home price in Los Angeles, CA is $232,500 higher than in Lakeville, MN.
Median Household Income
Lakeville, MN: $138,119 · Los Angeles, CA: $74,785
Lakeville, MN has a higher median household income than Los Angeles, CA by $63,334.
Lakeville, MN overview · Los Angeles, CA overview · Popular comparisons