What is a pro or con of living in Lake Elmo, Minnesotacompared to Bloomington, Minnesota?

Median Home Cost is 85% more expensive in Lake Elmo.

What salary do I need to live in Lake Elmo, Minnesota copmared to Bloomington, Minnesota?

A salary of $50,000 in Bloomington, Minnesota should increase to $60,266 in Lake Elmo, Minnesota (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

BLOOMINGTON vs. LAKE ELMO
Cost of Living Comparison

Bloomington, Minnesota vs. Lake Elmo, Minnesota

Cost of Living Comparison

The cost of living in Lake Elmo, Minnesota is 20.5% more expensive than Bloomington, Minnesota.

You would need a salary of $60,266 in Lake Elmo, Minnesota to maintain the standard of living you have in Bloomington, Minnesota.

Comparison highlights

• Overall, Lake Elmo, Minnesota is more expensive than Bloomington, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
85% more expensive in Lake Elmo
than in Bloomington, Minnesota

Bloomington, MN vs. Lake Elmo, MN

Compared to Bloomington, Lake Elmo is:

Homeowner

No Child Care, Taxes not Considered

20.5% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

4.9% higher

Housing (Homeowner)

76.8% higher

Housing (Rent)

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Median Home Cost

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Utilities

0.3% higher

Commute

3.6% higher

Health

2.1% lower

Taxes

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Childcare

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Personal

1.9% higher

Cost of Food

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Bloomington, Minnesota vs. Lake Elmo, Minnesota

Cost of Living Comparison

Comparison highlights

Bloomington, MN vs. Lake Elmo, MN

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