Minneapolis, Minnesota vs. Richmond, Indiana

Cost of Living Comparison

The cost of living in Richmond, Indiana is 36.9% cheaper than Minneapolis, Minnesota.

You would need a salary of $47,357 in Richmond, Indiana to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% cheaper in Richmond
than in Minneapolis, Minnesota
Minneapolis, MN vs. Richmond, IN
Compared to Minneapolis, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  36.9% 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
  10.2% lower
  Housing (Homeowner)
  68.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.3% lower
  Commute
  44.0% lower
  Health
  27.0% higher
  Taxes
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  Childcare
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  Personal
  19.4% lower
Cost of Food
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