Minneapolis, Minnesota vs. New Albany, Indiana

Cost of Living Comparison

The cost of living in New Albany, Indiana is 19.7% cheaper than Minneapolis, Minnesota.

You would need a salary of $40,143 in New Albany, Indiana to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, New Albany, Indiana is cheaper than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% cheaper in New Albany
than in Minneapolis, Minnesota
Minneapolis, MN vs. New Albany, IN
Compared to Minneapolis, New Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  19.7% 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
  6.1% lower
  Housing (Homeowner)
  48.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  4.1% lower
  Commute
  17.5% lower
  Health
  16.0% higher
  Taxes
  Childcare
  Personal
  7.0% lower