Davidson, North Carolina vs. New Hope, Minnesota

Cost of Living Comparison

The cost of living in New Hope, Minnesota is 12.4% cheaper than Davidson, North Carolina.

You would need a salary of $43,793 in New Hope, Minnesota to maintain the standard of living you have in Davidson, North Carolina.
Comparison highlights
• Overall, New Hope, Minnesota is cheaper than Davidson, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in New Hope
than in Davidson, North Carolina
Davidson, NC vs. New Hope, MN
Compared to Davidson, New Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  12.4% 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
  2.8% lower
  Housing (Homeowner)
  32.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.5% higher
  Commute
  9.4% higher
  Health
  20.2% lower
  Taxes
  Childcare
  Personal
  8.9% higher