Cost of Living Calculator - Elk River, Minnesota vs Hanover, Minnesota


The cost of living in Hanover, Minnesota is 6.1% more expensive than Elk River, Minnesota.

You would need a salary of $79,550 in Hanover, Minnesota to maintain the standard of living you have in Elk River, Minnesota.
Comparison highlights
• Overall, Hanover, Minnesota is more expensive than Elk River, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
13% more expensive in Hanover
than in Elk River, Minnesota
Elk River, MN vs Hanover, MN
Compared to Elk River, Hanover is:
  Homeowner
      No Child Care, Taxes not Considered
  6.1% 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
  2.1% higher
  Housing (Homeowner)
  24.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.2% lower
  Commute
  0.9% higher
  Health
  1.5% higher
  Taxes
  Childcare
  Personal
  0.4% lower

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