Lanark, IL vs Frazee, MN: Cost of Living

Which city costs less?

Frazee, MN has a modeled overall cost index 17.6% lower than Lanark, IL.

Lanark, IL · modeled 2BR rent
$920 / month
Frazee, MN · modeled 2BR rent
$980 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Lanark, IL and Frazee, MN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

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Estimated savings: $1,181/month in Frazee, MN

$150,000 in your current city has a modeled equivalent of $135,834 in Frazee, MN

Regional cost estimates: Lanark, IL uses Madison, WI. Frazee, MN uses Minneapolis, MN. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 17.6%
Less expensive
Monthly Impact
$1,181
Savings
Annual Impact
$14.2K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Lanark, IL

Population:1K
Cost Index:
87.4
100 = national average
Typical Home:$309K

Frazee, MN

Population:1K
Cost Index:
72.1
100 = national average
Typical Home:$319K

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Lanark, IL

The Prairie State

1K
Population
State Tax
Yes

Located in Illinois, this city has a population of 1K residents.

Frazee, MN

The North Star State

1K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Lanark, IL vs Frazee, MN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 18.3%
Lanark, IL
$2,303
Frazee, MN
$1,881
Difference
$422
less
Other
↓ 20.6%
Lanark, IL
$1,664
Frazee, MN
$1,321
Difference
$343
less
Transportation
↓ 21.4%
Lanark, IL
$1,307
Frazee, MN
$1,027
Difference
$280
less
All Utilities
↓ 10.5%
Lanark, IL
$517
Frazee, MN
$463
Difference
$54.19
less
Healthcare
↓ 5.8%
Lanark, IL
$732
Frazee, MN
$689
Difference
$42.76
less
Groceries
↓ 3.9%
Lanark, IL
$977
Frazee, MN
$938
Difference
$38.54
less

🏠Rent Comparison

Studio
From$750
To$670
↓ $80.00
1 Bed
From$760
To$750
↓ $10.00
2 Bed
From$920
To$980
↑ $60.00
3 Bed
From$1,220
To$1,290
↑ $70.00
Lanark, ILZIP-level data

1BR range: $760–$760/mo

Frazee, MNZIP-level data

1BR range: $750–$750/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Lanark, IL
$6,319
Monthly in Frazee, MN
$1,181
Difference

Home Values

Lanark
Frazee
$309K
Median Value
$319K
↑ +6.6%
YoY Change
↑ +3.9%
↑ +51.2%
5-Year Change
↑ +32.5%

Homes in Frazee are 3% more expensive than Lanark

Calculate payment - LanarkCalculate payment - Frazee

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $3.0K
More taxes
Monthly Difference
$251
Less take-home
Effective Rate Diff
2.0%
Rate difference

Lanark, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Frazee, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Additional Tax Information

Lanark, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

Frazee, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Lanark
Frazee
42 Good
Air Quality
42 Good
72.1%
Good Air Days
66.4%
94 Moderate
Climate Risk
98 High
🌊🌪💨
Top Hazards
🌊🌡🌪
▲+3.4°F
2050 Outlook
▲+3.6°F
10 days
Heat Days >95°F
14 days
▲+3.4°F
2050 Outlook
▲+3.6°F
10 days
Heat Days >95°F
14 days

Before moving from Lanark, IL to Frazee, MN

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Frazee, MN for the same bedroom count and included utilities as your home in Lanark, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Lanark to Frazee moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Frazee, MN by cost, housing, population and region.

Frequently Asked Questions: Lanark, IL vs Frazee, MN

How do the cost estimates for Lanark, IL and Frazee, MN compare?

Frazee, MN has a modeled overall cost index 17.6% lower than Lanark, IL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Lanark, IL, the model estimates $135,834 in Frazee, MN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Lanark, IL and Frazee, MN?

The modeled two-bedroom rents are $920/month in Lanark, IL and $980/month in Frazee, MN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Illinois and Minnesota on TaxTakeHome.com

Where your money goes further

Cities cheaper than Lanark, IL on a $150.0K salary

1.St. Louis, MO
Save $19.30/mo

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