Residential comparison · 13 facts
Lakeville, MN vs Savage, MN
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Lakeville needs about $87,500 in Savage to keep the same lifestyle.
Coming from Savage, $85,000 of lifestyle costs about $82,500 in Lakeville.
A few differences
- Lakeville is higher on median household income ($139,041 vs $125,513).
- Savage is lower on cost of living index (107 vs 108).
- Lakeville is lower on 2-bedroom rent ($1,757/mo vs $1,769/mo).
Lakeville vs Savage · facet by facet
| Facet | Lakeville, MN | Savage, MN |
|---|---|---|
| Median home price | $452,500 | $432,300 |
| 2-bedroom rent | $1,757/mo | $1,769/mo |
| Property tax rate | 1.05% | 1.05% |
| State & local income tax | 3.68% | 3.68% |
| Sales tax | 7.5% | 7.5% |
| Cost of living index | 108 | 107 |
| Groceries index | 100 | 100 |
| Utilities | $165/mo | $165/mo |
| Median household income | $139,041 | $125,513 |
| Unemployment rate | 2.9% | 2.9% |
| Crime index | 40/100 | 40/100 |
| School rating | 7.0/10 | 7.0/10 |
| Sunny days / year | 195 days | 195 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Lakeville, MN · Savage, MN
Questions & answers
- Is Lakeville cheaper than Savage?
- Savage has the lower day-to-day cost index (107 vs 108 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Savage equals $85,000 in Lakeville?
- A household earning $85,000 in Lakeville needs about $87,500 in Savage to keep the same lifestyle; coming the other way, $85,000 of Savage lifestyle costs about $82,500 in Lakeville.