Cost of Living Calculator - Forest Lake, Minnesota vs Elk River, Minnesota


The cost of living in Elk River, Minnesota is 3.0% cheaper than Forest Lake, Minnesota.

You would need a salary of $72,725 in Elk River, Minnesota to maintain the standard of living you have in Forest Lake, Minnesota.
Comparison highlights
• Overall, Elk River, Minnesota is cheaper than Forest Lake, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
4% cheaper in Elk River
than in Forest Lake, Minnesota
Forest Lake, MN vs Elk River, MN
Compared to Forest Lake, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  3.0% 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
  1.0% lower
  Housing (Homeowner)
  6.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.6% lower
  Commute
  3.5% higher
  Health
  1.5% higher
  Taxes
  Childcare
  Personal
  2.7% lower

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