Elk River, Minnesota vs. Elko New Market, Minnesota

Cost of Living Comparison

The cost of living in Elko New Market, Minnesota is 8.7% more expensive than Elk River, Minnesota.

You would need a salary of $81,540 in Elko New Market, Minnesota to maintain the standard of living you have in Elk River, Minnesota.
Comparison highlights
• Overall, Elko New Market, Minnesota is more expensive than Elk River, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% more expensive in Elko New Market
than in Elk River, Minnesota
Elk River, MN vs. Elko New Market, MN
Compared to Elk River, Elko New Market is:
  Homeowner
      No Child Care, Taxes not Considered
  8.7% 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
  2.1% higher
  Housing (Homeowner)
  26.8% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.6% lower
  Commute
  0.5% higher
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  0.9% higher
Cost of Food
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