Owatonna, Minnesota vs. New Ulm, Minnesota

Cost of Living Comparison

The cost of living in New Ulm, Minnesota is 7.3% cheaper than Owatonna, Minnesota.

You would need a salary of $46,343 in New Ulm, Minnesota to maintain the standard of living you have in Owatonna, Minnesota.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Owatonna, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
16% cheaper in New Ulm
than in Owatonna, Minnesota
Owatonna, MN vs. New Ulm, MN
Compared to Owatonna, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  7.3% 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
  0.3% lower
  Housing (Homeowner)
  8.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.5% higher
  Commute
  12.0% lower
  Health
  5.5% lower
  Taxes
  Childcare
  Personal
  0.1% higher