Cost of Living Calculator - Minneapolis, Minnesota vs Franklin Lakes, New Jersey


The cost of living in Franklin Lakes, New Jersey is 81.5% more expensive than Minneapolis, Minnesota.

You would need a salary of $217,829 in Franklin Lakes, New Jersey to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
312% more expensive in Franklin Lakes
than in Minneapolis, Minnesota
Minneapolis, MN vs Franklin Lakes, NJ
Compared to Minneapolis, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  81.5% higher
      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
  13.0% higher
  Housing (Homeowner)
  247.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  12.5% higher
  Commute
  29.0% higher
  Health
  29.2% higher
  Taxes
  Childcare
  Personal
  5.7% higher

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