Lake Elmo, Minnesota vs. Prescott, Arizona

Cost of Living Comparison

The cost of living in Prescott, Arizona is 3.7% cheaper than Lake Elmo, Minnesota.

You would need a salary of $86,664 in Prescott, Arizona to maintain the standard of living you have in Lake Elmo, Minnesota.
Comparison highlights
• Overall, Prescott, Arizona is cheaper than Lake Elmo, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% cheaper in Prescott
than in Lake Elmo, Minnesota
Lake Elmo, MN vs. Prescott, AZ
Compared to Lake Elmo, Prescott is:
  Homeowner
      No Child Care, Taxes not Considered
  3.7% 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
  6.2% lower
  Housing (Homeowner)
  22.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.0% higher
  Commute
  22.6% lower
  Health
  74.5% higher
  Taxes
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  Childcare
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  Personal
  11.9% lower
Cost of Food
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