Bloomington, Minnesota vs. Lake Placid, New York

Cost of Living Comparison

The cost of living in Lake Placid, New York is 7.2% cheaper than Bloomington, Minnesota.

You would need a salary of $46,388 in Lake Placid, New York to maintain the standard of living you have in Bloomington, Minnesota.
Comparison highlights
• Overall, Lake Placid, New York is cheaper than Bloomington, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
1% cheaper in Lake Placid
than in Bloomington, Minnesota
Bloomington, MN vs. Lake Placid, NY
Compared to Bloomington, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  7.2% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  7.8% higher
  Housing (Homeowner)
  23.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  7.1% higher
  Commute
  24.0% lower
  Health
  48.9% higher
  Taxes
  Childcare
  Personal
  7.6% lower