Cost of Living Calculator - Minneapolis, Minnesota vs Lake Wales, Florida


The cost of living in Lake Wales, Florida is 18.4% cheaper than Minneapolis, Minnesota.

You would need a salary of $61,214 in Lake Wales, Florida to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Lake Wales, Florida is cheaper than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Lake Wales
than in Minneapolis, Minnesota
Minneapolis, MN vs Lake Wales, FL
Compared to Minneapolis, Lake Wales is:
  Homeowner
      No Child Care, Taxes not Considered
  18.4% 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
  0.8% higher
  Housing (Homeowner)
  49.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.7% higher
  Commute
  19.0% lower
  Health
  33.1% higher
  Taxes
  Childcare
  Personal
  13.2% lower

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