Prescott, Arizona vs. New Ulm, Minnesota

Cost of Living Comparison

The cost of living in New Ulm, Minnesota is 36.7% cheaper than Prescott, Arizona.

You would need a salary of $31,654 in New Ulm, Minnesota to maintain the standard of living you have in Prescott, Arizona.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Prescott, Arizona
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
64% cheaper in New Ulm
than in Prescott, Arizona
Prescott, AZ vs. New Ulm, MN
Compared to Prescott, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  36.7% 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
  3.0% lower
  Housing (Homeowner)
  55.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.1% lower
  Commute
  29.6% lower
  Health
  35.8% lower
  Taxes
  Childcare
  Personal
  3.5% higher