Prior Lake, Minnesota vs. New Ulm, Minnesota

Cost of Living Comparison

The cost of living in New Ulm, Minnesota is 33.4% cheaper than Prior Lake, Minnesota.

You would need a salary of $33,319 in New Ulm, Minnesota to maintain the standard of living you have in Prior Lake, Minnesota.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Prior Lake, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
58% cheaper in New Ulm
than in Prior Lake, Minnesota
Prior Lake, MN vs. New Ulm, MN
Compared to Prior Lake, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  33.4% 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
  5.9% lower
  Housing (Homeowner)
  51.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.1% higher
  Commute
  47.6% lower
  Health
  10.5% higher
  Taxes
  Childcare
  Personal
  6.4% lower