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MINNEAPOLIS vs. LAKE PLACID
Cost of Living Comparison

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Cost of Living Calculator - Minneapolis, Minnesota vs Lake Placid, New York

The cost of living in Lake Placid, New York is 7.0% cheaper than Minneapolis, Minnesota.

You would need a salary of $69,724 in Lake Placid, New York to maintain the standard of living you have in Minneapolis, Minnesota.

Comparison highlights

• Overall, Lake Placid, New York is cheaper than Minneapolis, Minnesota
• Childcare is the biggest factor in the cost of living difference.

Childcare
34% cheaper in Lake Placid
than in Minneapolis, Minnesota

Minneapolis, MN vs Lake Placid, NY

Compared to Minneapolis, Lake Placid is:

Homeowner

No Child Care, Taxes not Considered

7.0% 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

8.3% higher

Housing (Homeowner)

21.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.4% higher

Commute

27.6% lower

Health

48.9% higher

Taxes

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Childcare

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Personal

7.9% lower

Cost of Food

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