What is a pro or con of living in New York, New Yorkcompared to Minnetonka, Minnesota?

Median Home Cost is 64% more expensive in New York.

What salary do I need to live in New York, New York copmared to Minnetonka, Minnesota?

A salary of $400,000 in Minnetonka, Minnesota should increase to $588,482 in New York, New York (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.

MINNETONKA vs. NEW YORK
Cost of Living Comparison

Minnetonka, Minnesota vs. New York, New York

Cost of Living Comparison

The cost of living in New York, New York is 47.1% more expensive than Minnetonka, Minnesota.

You would need a salary of $588,482 in New York, New York to maintain the standard of living you have in Minnetonka, Minnesota.

Comparison highlights

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

Median Home Cost
64% more expensive in New York
than in Minnetonka, Minnesota

Minnetonka, MN vs. New York, NY

Compared to Minnetonka, New York is:

Homeowner

No Child Care, Taxes not Considered

47.1% 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

12.0% higher

Housing (Homeowner)

100.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

54.7% higher

Commute

75.0% higher

Health

68.3% higher

Taxes

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Childcare

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Personal

11.3% higher

Cost of Food

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Minnetonka, Minnesota vs. New York, New York

Cost of Living Comparison

Comparison highlights

Minnetonka, MN vs. New York, NY

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