New York, New York vs. Elk River, Minnesota

Cost of Living Comparison

The cost of living in Elk River, Minnesota is 37.4% cheaper than New York, New York.

You would need a salary of $31,287 in Elk River, Minnesota to maintain the standard of living you have in New York, New York.
Comparison highlights
• Overall, Elk River, Minnesota is cheaper than New York, New York
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Elk River
than in New York, New York
New York, NY vs. Elk River, MN
Compared to New York, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  37.4% 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
  13.3% lower
  Housing (Homeowner)
  61.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  33.4% lower
  Commute
  35.5% lower
  Health
  41.0% lower
  Taxes
  Childcare
  Personal
  12.5% lower