Cost of living in Lakefield, MN

Lakefield is a Census city in Jackson County, MN. ACS 2024 5-year population is 1,507. Median gross rent is $770 (ACS 2024 5-year, this place). Median home value is $133,800. Median household income is $71,648. Insurance is the NAIC state average; food is a USDA plan — no town indexes.