Red Wing, Minnesota vs. New Hampton, Iowa

Cost of Living Comparison

The cost of living in New Hampton, Iowa is 14.4% cheaper than Red Wing, Minnesota.

You would need a salary of $42,784 in New Hampton, Iowa to maintain the standard of living you have in Red Wing, Minnesota.
Comparison highlights
• Overall, New Hampton, Iowa is cheaper than Red Wing, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in New Hampton
than in Red Wing, Minnesota
Red Wing, MN vs. New Hampton, IA
Compared to Red Wing, New Hampton is:
  Homeowner
      No Child Care, Taxes not Considered
  14.4% 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
  4.4% lower
  Housing (Homeowner)
  44.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.1% higher
  Commute
  3.9% lower
  Health
  10.6% higher
  Taxes
  Childcare
  Personal
  3.0% lower