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Housing
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Cost of Living Calculator - Minneapolis, Minnesota vs Lake Elmo, Minnesota

The cost of living in Lake Elmo, Minnesota is 20.8% more expensive than Minneapolis, Minnesota.

You would need a salary of $90,596 in Lake Elmo, Minnesota to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Lake Elmo, Minnesota is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
110% more expensive in Lake Elmo
than in Minneapolis, Minnesota
Minneapolis, MN vs Lake Elmo, MN
Compared to Minneapolis, Lake Elmo is:
  Homeowner
      No Child Care, Taxes not Considered
  20.8% higher
      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
  5.4% higher
  Housing (Homeowner)
  74.6% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.3% lower
  Commute
  1.3% lower
  Health
  2.1% lower
  Taxes
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  Childcare
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  Personal
  1.6% higher
Cost of Food
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