Cost of living in Balaton, MN

Balaton is a Census city in Lyon County, MN. ACS 2024 5-year population is 551. Median gross rent is $1,138 (ACS 2024 5-year, this place). Median home value is $94,000. Median household income is $54,688. Insurance is the NAIC state average; food is a USDA plan — no town indexes.