Minneapolis, Minnesota vs. Red Bank, New Jersey

Cost of Living Comparison

The cost of living in Red Bank, New Jersey is 20.1% more expensive than Minneapolis, Minnesota.

You would need a salary of $60,048 in Red Bank, New Jersey to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Red Bank, New Jersey is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
86% more expensive in Red Bank
than in Minneapolis, Minnesota
Minneapolis, MN vs. Red Bank, NJ
Compared to Minneapolis, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  20.1% higher
      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
  4.8% higher
  Housing (Homeowner)
  30.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.4% higher
  Commute
  10.3% lower
  Health
  29.7% higher
  Taxes
  Childcare
  Personal
  3.7% higher