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Cost of Living Calculator - Faribault, Minnesota vs Elko New Market, Minnesota

The cost of living in Elko New Market, Minnesota is 31.4% more expensive than Faribault, Minnesota.

You would need a salary of $65,693 in Elko New Market, Minnesota to maintain the standard of living you have in Faribault, Minnesota.
Comparison highlights
• Overall, Elko New Market, Minnesota is more expensive than Faribault, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
66% more expensive in Elko New Market
than in Faribault, Minnesota
Faribault, MN vs Elko New Market, MN
Compared to Faribault, Elko New Market is:
  Homeowner
      No Child Care, Taxes not Considered
  31.4% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.3% higher
  Housing (Homeowner)
  77.0% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.0% lower
  Commute
  66.5% higher
  Health
  13.2% lower
  Taxes
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  Childcare
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  Personal
  6.4% higher
Cost of Food
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