Cost of Living Calculator - Forest Lake, Minnesota vs New Ulm, Minnesota


The cost of living in New Ulm, Minnesota is 29.0% cheaper than Forest Lake, Minnesota.

You would need a salary of $53,286 in New Ulm, Minnesota to maintain the standard of living you have in Forest Lake, Minnesota.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Forest Lake, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in New Ulm
than in Forest Lake, Minnesota
Forest Lake, MN vs New Ulm, MN
Compared to Forest Lake, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  29.0% 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
  4.9% lower
  Housing (Homeowner)
  41.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% higher
  Commute
  48.2% lower
  Health
  12.1% higher
  Taxes
  Childcare
  Personal
  8.1% lower

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