Indianapolis, Indiana vs. Minnesota Lake, Minnesota

Cost of Living Comparison

The cost of living in Minnesota Lake, Minnesota is 9.4% cheaper than Indianapolis, Indiana.

You would need a salary of $54,346 in Minnesota Lake, Minnesota to maintain the standard of living you have in Indianapolis, Indiana.
Comparison highlights
• Overall, Minnesota Lake, Minnesota is cheaper than Indianapolis, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
13% cheaper in Minnesota Lake
than in Indianapolis, Indiana
Indianapolis, IN vs. Minnesota Lake, MN
Compared to Indianapolis, Minnesota Lake is:
  Homeowner
      No Child Care, Taxes not Considered
  9.4% 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
  2.0% higher
  Housing (Homeowner)
  19.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.2% higher
  Commute
  18.0% lower
  Health
  11.6% lower
  Taxes
  Childcare
  Personal
  0.7% higher