Palmer, Alaska vs. Balaton, Minnesota

Cost of Living Comparison

The cost of living in Balaton, Minnesota is 39.3% cheaper than Palmer, Alaska.

You would need a salary of $80,073 in Balaton, Minnesota to maintain the standard of living you have in Palmer, Alaska.
Comparison highlights
• Overall, Balaton, Minnesota is cheaper than Palmer, Alaska
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
76% cheaper in Balaton
than in Palmer, Alaska
Palmer, AK vs. Balaton, MN
Compared to Palmer, Balaton is:
  Homeowner
      No Child Care, Taxes not Considered
  39.3% 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
  31.4% lower
  Housing (Homeowner)
  74.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  28.9% lower
  Commute
  34.0% lower
  Health
  36.2% lower
  Taxes
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  Childcare
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  Personal
  13.8% lower
Cost of Food
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