Hopkins, Minnesota vs. New Ulm, Minnesota

Cost of Living Comparison

The cost of living in New Ulm, Minnesota is 24.7% cheaper than Hopkins, Minnesota.

You would need a salary of $67,054 in New Ulm, Minnesota to maintain the standard of living you have in Hopkins, Minnesota.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Hopkins, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
36% cheaper in New Ulm
than in Hopkins, Minnesota
Hopkins, MN vs. New Ulm, MN
Compared to Hopkins, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  24.7% lower
      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
  4.0% lower
  Housing (Homeowner)
  37.1% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.2% higher
  Commute
  42.9% lower
  Health
  9.8% higher
  Taxes
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  Childcare
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  Personal
  7.6% lower
Cost of Food
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