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Now includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium.
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FOREST LAKE vs. NEW RICHMOND
Cost of Living Comparison
Comparison
Food
Housing
Utilities
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Personal
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Cost of Living Calculator - Forest Lake, Minnesota vs New Richmond, Wisconsin
The cost of living in New Richmond, Wisconsin is
5.2%
cheaper
than Forest Lake, Minnesota.
You would need a salary of
$47,381
in New Richmond, Wisconsin to maintain the standard of living you have in Forest Lake, Minnesota.
Comparison highlights
• Overall, New Richmond, Wisconsin is
cheaper
than Forest Lake, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
14% cheaper in New Richmond
than in Forest Lake, Minnesota
Forest Lake, MN vs New Richmond, WI
Compared to Forest Lake, New Richmond is:
Homeowner
No Child Care, Taxes not Considered
5.2% lower
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
2.0% lower
Housing (Homeowner)
18.9% lower
Housing (Rent)
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Median Home Cost
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Utilities
4.0% lower
Commute
2.5% lower
Health
41.0% higher
Taxes
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Childcare
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Personal
3.1% lower
Cost of Food
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