Cost of Living Calculator - Ames, Iowa vs Lake Elmo, Minnesota


The cost of living in Lake Elmo, Minnesota is 40.4% cheaper than Ames, Iowa.

You would need a salary of $1 in Lake Elmo, Minnesota to maintain the standard of living you have in Ames, Iowa.
Comparison highlights
• Overall, Lake Elmo, Minnesota is cheaper than Ames, Iowa
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
159% more expensive in Lake Elmo
than in Ames, Iowa
Ames, IA vs Lake Elmo, MN
Compared to Ames, Lake Elmo is:
  Homeowner
      No Child Care, Taxes not Considered
  40.4% higher
      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
  9.7% higher
  Housing (Homeowner)
  157.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% lower
  Commute
  59.4% higher
  Health
  38.6% lower
  Taxes
  Childcare
  Personal
  15.7% higher

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