Parker, Colorado vs. Elk River, Minnesota

Cost of Living Comparison

The cost of living in Elk River, Minnesota is 25.8% cheaper than Parker, Colorado.

You would need a salary of $74,191 in Elk River, Minnesota to maintain the standard of living you have in Parker, Colorado.
Comparison highlights
• Overall, Elk River, Minnesota is cheaper than Parker, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
45% cheaper in Elk River
than in Parker, Colorado
Parker, CO vs. Elk River, MN
Compared to Parker, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  25.8% 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
  1.8% lower
  Housing (Homeowner)
  45.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.3% higher
  Commute
  0.9% higher
  Health
  9.4% lower
  Taxes
  Childcare
  Personal
  7.9% lower

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