Cost of Living Calculator - Lake Forest, Illinois vs Minnetonka, Minnesota


The cost of living in Minnetonka, Minnesota is 27.3% cheaper than Lake Forest, Illinois.

You would need a salary of $54,552 in Minnetonka, Minnesota to maintain the standard of living you have in Lake Forest, Illinois.
Comparison highlights
• Overall, Minnetonka, Minnesota is cheaper than Lake Forest, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Minnetonka
than in Lake Forest, Illinois
Lake Forest, IL vs Minnetonka, MN
Compared to Lake Forest, Minnetonka is:
  Homeowner
      No Child Care, Taxes not Considered
  27.3% 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
  3.8% lower
  Housing (Homeowner)
  54.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.5% higher
  Commute
  10.5% higher
  Health
  21.3% lower
  Taxes
  Childcare
  Personal
  1.3% lower

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