What is a pro or con of living in Newton, New Jerseycompared to Minneapolis, Minnesota?

Median Home Cost is 19% more expensive in Newton.

What salary do I need to live in Newton, New Jersey copmared to Minneapolis, Minnesota?

A salary of $50,000 in Minneapolis, Minnesota should increase to $53,286 in Newton, New Jersey (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.

MINNEAPOLIS vs. NEWTON
Cost of Living Comparison

Minneapolis, Minnesota vs. Newton, New Jersey

Cost of Living Comparison

The cost of living in Newton, New Jersey is 6.6% more expensive than Minneapolis, Minnesota.

You would need a salary of $53,286 in Newton, New Jersey to maintain the standard of living you have in Minneapolis, Minnesota.

Comparison highlights

• Overall, Newton, New Jersey is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
19% more expensive in Newton
than in Minneapolis, Minnesota

Minneapolis, MN vs. Newton, NJ

Compared to Minneapolis, Newton is:

Homeowner

No Child Care, Taxes not Considered

6.6% 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

2.2% higher

Housing (Homeowner)

25.2% lower

Housing (Rent)

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Median Home Cost

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Utilities

2.6% higher

Commute

22.3% higher

Health

30.7% higher

Taxes

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Childcare

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Personal

1.3% higher

Cost of Food

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Minneapolis, Minnesota vs. Newton, New Jersey

Cost of Living Comparison

Comparison highlights

Minneapolis, MN vs. Newton, NJ

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